Risk attitude in Construction Market

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A model (ABMS) I built to investigate how risk attitude affects your business

Risk attitude in construction market “ How does risk attitude affect your business"

Competition in the construction industry ,[object Object],[object Object],[object Object]

I decided to study it with computer simulation ,[object Object],[object Object],[object Object],[object Object]

Model overview ,[object Object],[object Object],[object Object],[object Object]

Model snapshot: 250 contractors competing for 1000 projects

Risk attitude can affect the survival time of a construction company

Gross revenue under different risk attitudes from group 1 to group 4: risk-seeking to risk averse

Cash reserve under different risk attitudes from group 1 to group 4: risk-seeking to risk averse

Results ,[object Object],[object Object],[object Object],[object Object]

Contact ,[object Object]

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Risk attitude in Construction Market

1. Risk attitude in construction market “ How does risk attitude affect your business"

2.

3.

4.

5. Model snapshot: 250 contractors competing for 1000 projects

6. Risk attitude can affect the survival time of a construction company

7. Gross revenue under different risk attitudes from group 1 to group 4: risk-seeking to risk averse

8. Cash reserve under different risk attitudes from group 1 to group 4: risk-seeking to risk averse

9.

10.