Game Theory Analysis of Renewable Energy Construction Developers and Consumers

Wu Wenping; Gao Jie; Liang Xuelan; F. Ju
November 2013
Journal of Applied Sciences;2013, Vol. 13 Issue 22, p5370
Academic Journal
Many different interest-related parties are involved in the full life cycle of the project. They make final decisions in a rational or non-rational way via interactions in terms of surveying construction, dismantling stages and show the building as a result of interaction among various aspects. This study focuses on applying game theory to analyzing the decisions of the various stakeholders involved in the construction of renewable buildings, including decision-making of developers and consumers in the various stages of the total life cycle. If the building is renewable energy construction, the developer can obtain earnings either taking strategy with high price or strategy with low price; if the building is traditional construction, the developer will take strategy with high price for profit For buyers with preference, they would buy renewable energy construction buildings certainly. But for buyers without preference, they may not buy any buildings, or few of them would choose to buy.


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