Chapter
Aug 29, 2019
International Conference on Construction and Real Estate Management 2019

Research on Simulation of Promotion Policies for New Technology Application in Construction Industry Based on System Dynamics

Publication: ICCREM 2019: Innovative Construction Project Management and Construction Industrialization

ABSTRACT

“Application of Ten New Technologies in Construction Industry” is the wind vane of the development of this industry, with good economic, social, and environmental benefits. This paper analyzes the obstacles of the major participants for new technology applications, including real estate developers, designers, and contractors. This paper also establishes a system dynamics model to simulate the effects of promotion policies on the behaviors of above-mentioned participants. Based on the current situations in Wuhan City, the effects of various promotion policy combinations are discussed and relevant policy suggestions are provided. The model established in the paper is a useful tool for analyzing new technology application in construction industry and can also be utilized in other territories.

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REFERENCES

Benjamin, P. and Lawrence, C. (2010). “Use of system dynamics as a decision-making tool in building design and operation.” Building and Environment, 45(4), 1006–1015.
Jia, L. (2016). Based on System Dynamics of Prefabricated Construction Project Cost Control Research. Qingdao University of Technology, Qingdao, China, 45-56. (in Chinese).
Luo, B. and Wang, H. (2013). “Dynamic simulation model of real estate control policy based on system dynamics.” Technology Economics, 32(6), 111-119.
Ou, T. and Jakob, R. (2017). “An investigation of renewable certificates policy in Swedish electricity industry using an integrated system dynamics model.” International Journal of Production Economics, 194(2017), 200–213.
Xu, T.Y. (2014). Based Study on Influence of Beijing Traffic Polices Based on System Dynamics. Beijing Jiaotong University, Beijing, China, 36-43. (in Chinese).
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Information & Authors

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Published In

Go to ICCREM 2019
ICCREM 2019: Innovative Construction Project Management and Construction Industrialization
Pages: 144 - 152
Editors: Yaowu Wang, Ph.D., Harbin Institute of Technology, Mohamed Al-Hussein, Ph.D., University of Alberta, and Geoffrey Q. P. Shen, Ph.D., Hong Kong Polytechnic University
ISBN (Online): 978-0-7844-8230-8

History

Published online: Aug 29, 2019

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Authors

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Postgraduate, School of Civil Engineering and Architecture, Wuhan Univ. of Technology, Wuhan, China 430070 (corresponding author). E-mail: [email protected]
Associate Professor, School of Civil Engineering and Architecture, Wuhan Univ. of Technology, Wuhan, China 430070. E-mail: [email protected]

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