An economic analysis of counterfeit threaded fasteners in the construction industry
90Jun_Amidon.pdf (1.924Mb)Abstract
This thesis deals with the economic issues associated with the presence of substandard threaded fasteners in the construction industry. It begins with an overview of the engineering concepts and terminology which will be used throughout the remainder of the report. A short discussion is presented outlining the various mechanical forces which act upon these fasteners in order to develop an appreciation for the seriousness of the problem. Past and present problems within the fastener industry and market are also covered. The problem is then thoroughly analyzed through the use of mathematical models. The concepts of zero-sum and non-zero sum two player game theory are used to provide possible solutions to the problem.
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