Research Article

Evolutionary Game of Government Subsidy Strategy for Prefabricated Buildings Based on Prospect Theory

Table 3

Summary of the main parameters involved in this article.

SymbolInterpretation

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

All parameters in the table are positive.