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RISModel for Financial Renegotiation in Public-Private Partnership Projects and Its Policy Implications: Game Theoretic View
Publisher: American Society of Civil Engineers
Abstract: Today, government is no longer considered the sole provider of public works or services. Public-private partnership (PPP) has been recognized as an important approach to solving problems for governments in providing ...
Bid Compensation Decision Model for Projects with Costly Bid Preparation
Publisher: American Society of Civil Engineers
Abstract: For projects with high bid preparation cost, it is often suggested that the owner should consider paying bid compensation to the most highly ranked unsuccessful bidders to stimulate extra effort or inputs in bid preparation. ...
Closure to “Bid Compensation Decision Model for Projects with Costly Bid Preparation” by S. Ping Ho
Publisher: American Society of Civil Engineers
Bid Compensation Theory and Strategies for Projects with Heterogeneous Bidders: A Game Theoretic Analysis
Publisher: American Society of Civil Engineers
Abstract: Practitioners involved in large-scale, complex projects have long been searching for strategies that encourage bidders to invest more effort in project planning and schematic design during the bid preparation process. ...
How to Evaluate and Invest in Emerging A/E/C Technologies under Uncertainty
Publisher: American Society of Civil Engineers
Abstract: Many emerging architectural/engineering/construction (A/E/C) technology investments are of strategic importance and may create future growth opportunities. Therefore, from the strategic perspective, management needs a ...
Impacts of Governance Structure Strategies on the Performance of Construction Joint Ventures
Publisher: American Society of Civil Engineers
Abstract: In the construction industry, construction joint ventures (CJVs) have become one of the major organizational forms utilized in large-scale projects. However, because of the complexity of CJVs, the management of CJVs is ...
Analytical Model for Analyzing Construction Claims and Opportunistic Bidding
Publisher: American Society of Civil Engineers
Abstract: Construction claims are considered by many project participants to be one of the most disruptive and unpleasant events of a project. Construction claims occur for various reasons. There is a need to understand the dynamic ...
Opportunism-Focused Transaction Cost Analysis of Public-Private Partnerships
Publisher: American Society of Civil Engineers
Abstract: While the higher efficiency due to better pooling of resources is greatly emphasized in public–private partnerships (PPPs), the embedded transaction inefficiencies are often understated or even ignored. Through the lens ...
A Contingency Model of Strategic Responses to the Institutional Challenges in Emerging Countries: Evidence and Findings from Least Developed Countries
Publisher: American Society of Civil Engineers
Abstract: The infrastructure development of emerging economies forms new market opportunities with great potential for multinational firms. However, international contractors are faced with extraordinary institutional challenges ...
Model for Organizational Governance Structure Choices in Construction Joint Ventures
Publisher: American Society of Civil Engineers
Abstract: Due to the recent trend of utilizing joint ventures (JVs) in construction, construction firms are faced with the challenges in managing construction JVs. Among those challenges, the choice of organizational governance ...