Research on the mobility behaviour of Chinese construction workers based on evolutionary game theory

Journal Title: Economic Research-Ekonomska Istraživanja - Year 2018, Vol 31, Issue 1

Abstract

The Chinese construction industry is characterised by the frequent job changes of lower-level workers, which has been identified as one of the principal causes of poor performance, quality and safety accidents, and high technology loss in the construction industry. Assuming that each party has incomplete market information about the other, we can thus define a dynamic game relationship between employers’ incentives to retain workers and workers’ mobility behaviour. By using evolutionary game theory, in this study we analyse various conditional evolutionary stable strategies and explore how employer behaviour influences the mobility of the workers in this industry in China. The results show that under the prevailing employment model, construction workers are bound to change jobs regardless of whether their employers adopt incentives to retain them or not. This finding suggests that the government, as the market regulator, should reform its employment model to ensure that construction workers switch jobs in an orderly and rational manner.

Authors and Affiliations

Sun Jide, Wang Xincheng, Shen Liangfa

Keywords

Related Articles

Why did some firms perform better in the global financial crisis?

We explore what firm and macroeconomic factors assisted Chinese firms to resist the global financial crisis. We find that firms with higher top ten shareholder ratios or firms that are older exhibited saliently higher pe...

Corporate sustainability disclosure and market valuation in a Middle Eastern Nation: evidence from listed firms on the Tehran Stock Exchange: sensitive industries versus non-sensitive industries

This article has received the considerable critical attention that seeking to enhance sustainability disclosure may essentially make progress firms’ market valuation. It aims to provide the corporate sustainability discl...

The influence of emotional confidence on brand attitude: using brand belief as mediating variable

The direct influence of emotional responses on thinking is firmly established in the literature. The assumption that emotion has primacy over cognition challenges conventional wisdom that both attitude and confidence are...

The role of Chinese investments in the bilateral exports of new E.U. member states and Western Balkan countries

This paper explores the economic relations between China and new E.U. member states and Western Balkan countries. China is an important trade partner for these countries, but in recent years the cooperation has been exte...

Women’s skills and career advancement: a review of gender (in)equality in an accounting workplace

This paper examines the effects of organizational culture, society, and masculinity on women’s skills in accounting workplaces and the influences of workplace norms, culture, and organizational structure on women’s leade...

Download PDF file
  • EP ID EP507366
  • DOI 10.1080/1331677X.2017.1421992
  • Views 66
  • Downloads 0

How To Cite

Sun Jide, Wang Xincheng, Shen Liangfa (2018). Research on the mobility behaviour of Chinese construction workers based on evolutionary game theory. Economic Research-Ekonomska Istraživanja, 31(1), 1-14. https://europub.co.uk/articles/-A-507366