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Journal article

Economic benefit analysis of green building based on fuzzy logic and bilateral game model

By Chen, Zhuolun1,2,3

From

Business Models and Finance, UNEP DTU Partnership, Department of Technology, Management and Economics, Technical University of Denmark1

UNEP DTU Partnership, Department of Technology, Management and Economics, Technical University of Denmark2

Department of Technology, Management and Economics, Technical University of Denmark3

Green building is the development of sustainable development concept in architectural field. While the construction industry has brought great benefits to the development of national economy, its high investment, high pollution and inefficient development mode has also produced a huge energy load. Therefore, from the perspective of environmental and economic sustainability, the development of green buildings is particularly important.

In this paper, the author makes economic benefit analysis of green building based on fuzzy logic and bilateral game model. By introducing such factors as economic benefits, cognition and government policies, this paper construct an evolutionary game model, which provides a basis for improving the economic benefits of green buildings.

The results show that the first factor affecting enterprise decision-making is the incremental profit of green building developers, followed by the government's incentive policy. After the evolution of the market, the final strategic choice will be stabilized to higher economic benefits. Generally speaking, green buildings need to effectively control incremental costs and consider scale benefits.

Through management efficiency innovation and policy stimulation, the problems of huge investment cost and long payback period can be solved, so as to improve the economic benefits of green building development.

Language: English
Publisher: IOS Press
Year: 2019
Pages: 301-313
ISSN: 18758967 and 10641246
Types: Journal article
DOI: 10.3233/JIFS-179087
ORCIDs: Chen, Zhuolun

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