Technical Papers
Mar 14, 2024

Evolutionary Game Analysis of Optimal Strategies for Construction Stakeholders in Promoting the Adoption of Green Building Technology Innovation

Publication: Journal of Construction Engineering and Management
Volume 150, Issue 5

Abstract

Adopting green technology innovation for buildings (GTIB) is an inherent and inevitable requirement for the building industry to realize green development. However, profit-driven construction developers often engage in opportunistic behavior and are reluctant to embrace GTIB, impeding the effective allocation of resources for innovative development in the market. Previous research has yet to extensively explore the decision-making behavior of construction industry stakeholders that drive GTIB. To explore the impact on critical stakeholders of developers adopting GTIB, this study develops an evolutionary game model involving developers, consumers, and the government, considering the role of developers’ opportunistic GTIB strategies and consumer pressure. Subsequently, this model elaborates on the stable operation path by enabling the analysis of the influence of critical factors and combined government regulation and the consumer pressure mechanism. The results show that improving the input–output ratios of green technology, reducing the incremental costs of green building, and setting a reasonable range of incentives are beneficial. Interestingly, reputation has only a limited influence. It is concluded that government action is needed to increase consumer participation. This study helps governments decide how opportunism can be best avoided in promoting the developers’ adoption of GTIB while providing theoretical support for designing an effective policy framework that combines government regulation and consumer pressure.

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Data Availability Statement

Data generated or analyzed during the study are available by request from the corresponding author and first author.

Acknowledgments

This work was supported by the National Key R&D Programme of China under Grant 2022YFE0208700, the National Natural Science Foundation of China (Grant No. 72271086), the “2021 Innovation and Entrepreneurship Talents Programme of Jiangsu Province” (Grant No. JSSCRC2021507 and Fund No. 2016/B2007224), and the Fundamental Research Funds for the Central Universities (Grant No. B210201014). Special appreciation is also given to the editor and anonymous reviewers for their suggestions on earlier versions of this article.

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Journal of Construction Engineering and Management
Volume 150Issue 5May 2024

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Received: May 30, 2023
Accepted: Dec 18, 2023
Published online: Mar 14, 2024
Published in print: May 1, 2024
Discussion open until: Aug 14, 2024

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Professor, School of Investment and Construction Management, Dongbei Univ. of Finance and Economics, Dalian 116025, China; Research Centre for Low-Carbon Economy and Sustainable Development of Urban-Rural Integration, Dongbei Univ. of Finance and Economics, Dalian 116025, China. ORCID: https://orcid.org/0000-0002-6547-9812. Email: [email protected]
Graduate Student, School of Investment and Construction Management, Dongbei Univ. of Finance and Economics, Dalian 116025, China. Email: [email protected]
Professor, Business School, Hohai Univ., Nanjing 211100, China (corresponding author). ORCID: https://orcid.org/0000-0003-4380-6277. Email: [email protected]
Senior Teaching Fellow, Faculty of Society and Design, Bond Univ., Robina, QLD 4226, Australia. ORCID: https://orcid.org/0000-0002-1679-789X. Email: [email protected]
University Professorial Fellow, Faculty of Society and Design, Bond Univ., Robina, QLD 4226, Australia. ORCID: https://orcid.org/0000-0001-7135-1201. Email: [email protected]

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