Game Analysis on Rent-Seeking Behavior of Three Participants in Overseas Engineering Project

Author(s):  
Yong Wang ◽  
Hao Ding ◽  
Yu Xiao
2013 ◽  
Vol 405-408 ◽  
pp. 3473-3476
Author(s):  
Cheng Zhi Li ◽  
Feng Peng

Project quality is affected by many factors,of which the rent-seeking behavior of the contractor is an important one.In this paper,the contractor’s rent-seeking behavior in various stage of construction projects and its effect to social welfare is analyzed based on the game theory and rent-seeking theory.After building a game model among the owner,contractor and supervisor,some suggestions are propounded to forestall such behavior from the point of equilibrium solutions.


2011 ◽  
Vol 94-96 ◽  
pp. 2233-2237 ◽  
Author(s):  
Kai Jiang ◽  
Ying Peng ◽  
Yu Shui Chen

Rent-seeking behavior in the public project is a problem which the construction administrative departments at all levels always attach great importance to. This paper analyzed the causes and harms of rent-seeking behavior in the public project. At the same time, according to the hypothesis that supervision department can drive its right impartially, this paper established a tripartite incomplete information static game model in the public project, and then analyzed the own rent-seeking behavior of supervision department, and got the specific measures that could reduce rent-seeking behavior.


Public Choice ◽  
1985 ◽  
Vol 46 (3) ◽  
pp. 227-246 ◽  
Author(s):  
William J. Corcoran ◽  
Gordon V. Karels

2021 ◽  
Vol 5 (11) ◽  
pp. 77-83
Author(s):  
Larisa V. Tcerkasevich ◽  
◽  
Evgeny A. Makarenko ◽  

The article is devoted to the problem of the corruption component in the Russian economy. Considered and structured modern forms of contradictions in the interaction between business and power structures. The phenomenon of rent-oriented behavior of power state structures and how this phenomenon affects the modern factors of exploitation of a person by a person is considered in detail. The main features of corruption relations and the mechanisms of functioning of the practices of business corruption in modern Russia are systematized. Conclusions are drawn from the analysis of scientific sources on the essence and characteristics of rent-seeking behavior of economic entities in terms of the corruption component.


2015 ◽  
Vol 27 ◽  
pp. 274-287 ◽  
Author(s):  
Nadiia Grazhevska ◽  
Angelina Virchenko ◽  
Anna Grazhevska

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