Multidimensional and Interactive Assessment Model of Large-Scale Infrastructure Project and Its Demonstration Based on Double UtilityReport as inadecuate




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Mathematical Problems in Engineering - Volume 2016 2016, Article ID 5361585, 11 pages -

Research Article

Business School, Central South University, Changsha 410083, China

Department of City Management, Hunan City University, Yiyang 413000, China

Business School, Wenzhou University, Wenzhou 325399, China

Received 26 November 2015; Revised 5 June 2016; Accepted 19 June 2016

Academic Editor: Yakov Strelniker

Copyright © 2016 Wu Gao et al. This is an open access article distributed under the Creative Commons Attribution License, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.

Abstract

This paper evaluates the project risks with a multidimensional and interactive model from multiagent and utility combination, which takes subjective psychological negative utility into account rather than only focusing on the thinking pattern of objective value loss. Firstly, it analyzes the bodies’ heterogeneous preference and their game behavior using game theory application methods. Secondly, it builds multidimensional and interactive evaluation model of large-scale infrastructure project from many dimensions, such as risk rate, objective utility, and subjective utility. It reflects different values and behavior strategy interdynamic factor in the design of risk utility function. Lastly, it deduces process and approaches of multidimensional and interactive evaluation by typical project. In addition, it tests model parameter with regression analysis. The research of this paper broadens the dimension of project risk evaluation and provides comprehensive and balanced reference for the measure of project risk utility and a better basis for project risk control.





Author: Wu Gao, Kairong Hong, and Bin Pan

Source: https://www.hindawi.com/



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