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Keywords: Discount factor
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Journal Articles
Engineering, Construction and Architectural Management (2025) 32 (12): 8423–8444.
Published: 25 October 2024
.... Design/methodology/approach This study defines the discount factor in the claim process based on the characteristics of construction claims and provides a specific calculation method. The paper analyzes the matching degree between the evolutionary game model and the process of construction claims...
Journal Articles
Engineering, Construction and Architectural Management (2016) 23 (4): 448–463.
Published: 18 July 2016
... bargaining process of claim negotiations with the consideration of discount factor and risk attitude. Design/methodology/approach – The authors first adopted certainty equivalent method and curve fitting to build a party’s own curve utility function. Taking the opponent’s bottom line as the learning...
