MODELLING RENEWAL OF CONSTRUCTION OBJECTS APPLYING METHODS OF THE GAME THEORY

Jurgita Antuchevičienė,Edmundas Kazimieras Zavadskas,Zenonas Turskis

doi:10.3846/13928619.2006.9637752

Jurgita Antuchevičienė, Edmundas Kazimieras Zavadskas + Show 1 more

Open Access

https://doi.org/10.3846/13928619.2006.9637752

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Abstract

The paper analyses modelling renewal of construction objects applying methods of the game theory. Rational construction management variants are usually selected under various conditions, using the efficiency criteria. A choice of rational alternatives can be absolutely uncertain when influences of external factors are unknown. In the current paper, selecting of rational renewal variants of derelict buildings from the viewpoint of sustainable development is presented. Sustainable development always involves great uncertainty; accordingly, the methods of the Game Theory are used for a particular problem. Bayes's and Laplace's rules are applied for searching rational renewal variants of derelict buildings in Lithuanian rural areas. The case study proved that the methods of the Game Theory are effective in a real life situation and can be successfully applied to solving similar problems.

Highlights

IntroductionA large number of methods have been developed for solving multi-criteria optimization problems
Establishment of efficiency of construction or reconstruction and renewal projects as well as substantiation of their rationality is the main problem of estimation of projects.A large number of methods have been developed for solving multi-criteria optimization problems
Sustainable development always involves great uncertainty; the methods of the Game Theory are used for a particular problem

Summary

Introduction

A large number of methods have been developed for solving multi-criteria optimization problems. The methodology and classification of the above methods have been presented in various publications [1,2,3,4,5,6,7,8,9,10,11]. Publications represent the full review of existing methods and one can come to a conclusion, that in the last two decades the main models of the qualitative evaluation methods were submitted, statistical and economic properties of such methods were determined. Methods were successfully applied in many fields, including transportation, power, civil construction and market. The authors of the paper have been applying the multi-criteria decision-making methods for construction decisions [12,13,14,15,16]

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