Optimal dynamic incentive mechanism design for construction and demolition waste recycling with Bayesian learning

Tan, Ruwen; Wu, Yilin; Su, Peiyang; Liao, Rujin; Zhang, Jing

doi:10.1016/j.jclepro.2023.137371

Cited by 7 publications

(3 citation statements)

References 41 publications

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“…ii. Innovation Incentives: Incentive structures, especially those encouraging prefabrication as a form of innovative construction methodology, have shown potential in driving innovation in the industry (Patil et al 2021, Su et al 2021, Tan et al 2023. Yet, the broader perspective on economic incentives indicates a potential risk of these becoming mere symbolic gestures without creating real impact (Shen et al 2021).…”

Section: Lessons For New Zealand Cwmmentioning

confidence: 99%

Enhancing construction waste management in New Zealand: Lessons from Hong Kong and other countries

Doan,

Albsoul,

GhaffarianHoseini

2023

Environ. Res. Commun.

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Global construction waste (CW) poses escalating environmental, social, and economic challenges. While New Zealand grapples with a dearth of research on optimal construction waste management (CWM) techniques, it stands to gain from the comprehensive practices employed in regions like Hong Kong. Drawing from the extensive literature on CWM practices in Hong Kong and other countries, this study seeks to furnish New Zealand's construction professionals and policymakers with invaluable insights. Key findings illuminate the determinants of successful CWM, the motivations steering stakeholder behaviour towards CW reduction, the transformative potential of public policy, and innovative enhancement strategies. The research underscores the instrumental roles of green building and big data in CW curtailment, delving into the attendant challenges and rewards. By assimilating lessons from these international paradigms, New Zealand is poised to refine its CWM, catalysing a shift towards a more sustainable construction landscape.

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Section: Lessons For New Zealand Cwmmentioning

confidence: 99%

Enhancing construction waste management in New Zealand: Lessons from Hong Kong and other countries

Doan,

Albsoul,

GhaffarianHoseini

2023

Environ. Res. Commun.

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“…Xie et al [52] analyzed the optimal contract in continuous time under the principal-multiagent moral hazard environment based on the behavioral relationship between agents, and gave the optimal contract for the generalized principal-agent dynamic problem based on the stochastic optimal control theory, analyzed the optimal behavioral choices of the agents and incentive mechanisms. Tan et al [53], motivated by information asymmetry that makes it difficult for recycling companies to determine incentive strategies for collectors, formulated a dynamic moral hazard model and found that collectors are always motivated to voluntarily maintain a high-quality supply of C&D waste under the optimal mechanism.…”

Section: Incentive Contract Designmentioning

confidence: 99%

Dynamic Incentive Contract of Government for Port Enterprises to Reduce Emissions in the Blockchain Era: Considering Carbon Trading Policy

Sun

Liu³

2023

Sustainability

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Blockchain technology is very useful. This paper considers the application of blockchain technology to smart contracts, green certification, and market information disclosure, and introduces the carbon trading market price as a parameter to solve the dynamic incentive problem of the government for port enterprises to reduce emissions under the carbon trading policy. Based on the state change of port carbon emission reduction, this paper uses principal–agent theory to construct the dynamic incentive contract model of government without blockchain, with blockchain, and when carbon trading is considered under blockchain, respectively, and uses the optimal control method to solve and analyze the model. This paper finds that only when the opportunity cost of port enterprises is greater than a certain critical point and the fixed cost of blockchain is less than a certain critical point, the implementation of blockchain will help improve government efficiency. However, only when the critical value of carbon emission reduction of port enterprises and the unit operating cost of blockchain are small, the government should start the carbon trading market under blockchain technology. Through numerical simulation, this paper also finds that it is usually beneficial for the government to regulate and appropriately increase the carbon trading market price.

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“…Gustavo Henrique Nalon et al [4] concluded that various types of wastes, when properly processed and combined, are prepared into sustainable self-sensing composites, which can reduce the amount of cement used and reduce the impact on the environment. Therefore, reusing construction waste as recycled concrete not only helps reduce the amount of waste but also reduces the consumption of natural materials [5,6].…”

Section: Introductionmentioning

confidence: 99%

Effects of Multi-Walled Carbon Nanotubes and Recycled Fine Aggregates on the Multi-Generational Cycle Properties of Reactive Powder Concrete

Wu,

Liu,

et al. 2024

Sustainability

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In order to investigate the effect of multi-walled carbon nanotubes (MWCNTs) on the recyclable properties of multi-generation recycled concrete, the physical properties of multi-generation recycled fine aggregate and the mechanical properties of multi-generation recycled concrete with different dosages of MWCNTs were tested, and the enhancement mechanism was analyzed by scanning electron microscopy (SEM). The results showed that the apparent density of multi-generation recycled fine aggregate with 0.05 wt% MWCNTs was increased by 1.04~2.03%, the crushing value was decreased by 38.21~49.45%, the compressive strength of the concrete prepared by it was increased by 11.11~18.96%, the splitting tensile strength was increased by 10~43.94%, the flexural strength was increased by 13.62~22.23%, and the mechanical properties were analyzed by scanning electron microscopy (SEM). Combined with the scanning electron microscope image analysis, the MWCNTs can fill the pores inside the specimen, bridge the cracks, and retard the decrease in concrete strength after multi-generation recycling.

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Optimal dynamic incentive mechanism design for construction and demolition waste recycling with Bayesian learning

Cited by 7 publications

References 41 publications

Enhancing construction waste management in New Zealand: Lessons from Hong Kong and other countries

Enhancing construction waste management in New Zealand: Lessons from Hong Kong and other countries

Dynamic Incentive Contract of Government for Port Enterprises to Reduce Emissions in the Blockchain Era: Considering Carbon Trading Policy

Effects of Multi-Walled Carbon Nanotubes and Recycled Fine Aggregates on the Multi-Generational Cycle Properties of Reactive Powder Concrete

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