How Green Building Product Decisions from Customers Can Be Transitioned to Manufacturers: An Agent-Based Model

Qingfeng Meng, Hongming Zhu, Zhen Li, Jianguo Du, Xiangyu Wang and Mi Jeong Kim
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Qingfeng Meng: School of Management, Jiangsu University, Zhenjiang 212013, China
Hongming Zhu: School of Management, Jiangsu University, Zhenjiang 212013, China
Zhen Li: School of Management, Jiangsu University, Zhenjiang 212013, China
Jianguo Du: School of Management, Jiangsu University, Zhenjiang 212013, China
Xiangyu Wang: Australasian Joint Research Centre for Building Information Modelling, School of Built Environment, Curtin University, Perth, WA 6845, Australia
Mi Jeong Kim: Department of Housing and Interior Design, Kyung Hee University, Seoul 130-701, Korea

Sustainability, 2018, vol. 10, issue 11, 1-16

Abstract: The development of green building products is of great significance to the sustainability of construction projects. Both the financial ability and adoption behavior of customers have a great influence on the decisions made by manufacturers regarding the development of green building products. To clarify how customer behavior related to green building products can be transitioned to manufacturers, this paper presents a multiagent model that considers the interactions between customers and manufacturers, describing the decision process of manufacturers through the swarm intelligence algorithm and taking complex characteristics of agents into account. Results show that the customer’s financial ability has a positive impact on the green decisions of manufactures. In addition, the average greenness of products produced by manufacturers is found to be lower than that required by customers. Furthermore, building products within a certain range of greenness has strategic advantages in market competition, leading to higher sales and a monopoly position.

Keywords: construction sustainability; green building product; green degree decision; customer financial ability; agent-based modeling (search for similar items in EconPapers)
JEL-codes: O13 Q Q0 Q2 Q3 Q5 Q56 (search for similar items in EconPapers)
Date: 2018
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

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