Evolutionary Game of Government Subsidy Strategy for Prefabricated Buildings Based on Prospect Theory
Table 3
Summary of the main parameters involved in this article.
Symbol
Interpretation
Net income when the construction unit chooses traditional cast-in-place construction
Direct economic benefits when the construction unit chooses a prefabricated building
Indirect benefits (such as corporate image, brand value) when the construction unit chooses a prefabricated building
The cost of the construction unit when choosing a prefabricated building
Fines imposed by the construction unit for failing to implement the government incentive policy
The government’s net income when the construction unit chooses traditional cast-in-place buildings
Direct economic benefits of the government when the construction unit chooses a prefabricated building
When the construction unit chooses a prefabricated building, the government’s indirect benefits (resource conservation, environmental protection, etc.)
The subsidy cost paid by the government when the construction unit chooses the prefabricated building