Constructing Sustainable Vertical Cities: Strategies to Enhance Closer Cooperation between ASEAN Contractors on Pollution Problem under the Lens of Economic Game Theories, Cost Benefit Analysis and Dynamic Markov Chain Theories

Abstract

Global environmental problems have become one of the major concerns all over the World. Environmental issues have long been regarded as the cross border issues and externalities problem. Pollution in one country, such as nitrogen oxides produced from construction sites in China not only worsens the air of China but also the neighboring countries and cities. It is therefore, high time to consider ways to enhance a closer cooperation between ASEAN contractors. This paper examines the issues from Cost benefit analysis, game theory and dynamic Markov chain.