Evolutionary Game Analysis of Bidding Behavior of Government Investment Project under Blockchain Enablement
In order to effectively solve the problem of bidding for government-invested projects,based on the evolutionary game theory,the influence of bidding agents,bidders and regulatory agencies in the aspects of different initial behavior probabilities,strict agency cost reduction and strict supervision cost reduction on the system evolution strategy after the introduction of blockchain.The results show that the initial strategy selection has a significant effect on trilateral evolutionary stability;In the blockchain regulatory environment,the evolu-tion strategy of the system can be selected as"loose agency,compliant bidding,strict supervision".The results of simulation analysis weaken the bidding agency service,reduce the cost of government supervision,improve the efficiency of supervision,and break the fragmented management of the project parties.
government investment projectbidding actsblockchainevolutionary gamesupervision
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