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Machine Learning–Driven Model to Analyze Particular Conditions of Contracts: A Multifunctional and Risk Perspective
Publisher: ASCE
Abstract: Contracts can serve three functions—Control, Coordination, and Adaptation—to mitigate different risks. This multifunctional perspective based on the development of contract theory has been introduced in construction ...
Multifunctional Analysis of Construction Contracts Using a Machine Learning Approach
Publisher: ASCE
Abstract: In the intricate domain of construction contracts, precise descriptions and measurements of contract structures are crucial. This study provides an objective analysis of the structure of construction contracts from a ...
Iterative Method to Predict Effective Elastic Moduli of Multiphase Particulate Composites
Publisher: American Society of Civil Engineers
Abstract: In multiphase particulate composites, the deviation and mismatch of the elastic moduli of different particles may significantly affect the overall mechanical performance of the composites. This study investigates the effects ...
Dual-Attribution Model of Trust Development between Contracting Parties in Construction Projects: Psychological Perspective
Publisher: ASCE
Abstract: The importance of understanding individuals’ psychology when studying interorganizational trust has been increasingly acknowledged by researchers in the construction industry. However, few studies have purposely examined ...
Comparing Subjective and Objective Measurements of Contract Complexity in Influencing Construction Project Performance: Survey versus Machine Learning
Publisher: American Society of Civil Engineers
Abstract: Contracts are the main governance mechanism regulating construction participants’ behaviors and safeguarding project performance. Besides traditional subjective measurement via survey, machine learning has been utilized ...
Down to Earth: Implementing Project-Level ESG Metrics in Chinese AEC Firms’ Practices
Publisher: American Society of Civil Engineers
Abstract: As means to many ends, architecture, engineering, and construction (AEC) projects are the frontline to address environmental, social, and governance (ESG) concerns. Despite the high prevalence of ESG, little is known about ...
Understanding the Relationship between Environmental Uncertainty and Transaction Costs in Construction Projects: Moderating Roles of Prior Cooperation Experience and Intragroup Transactions
Publisher: ASCE
Abstract: This paper aims to comprehensively analyze the influences of environmental uncertainty (EU) on three dimensions of transaction costs, namely, setup, monitoring, and enforcement costs, in a construction project. More ...
Mediating Role of Risk Perception of Trust and Contract Enforcement in the Construction Industry
Publisher: American Society of Civil Engineers
Abstract: Contract violations have become common problems in construction projects, yet little of the construction contract literature addresses the question of responses to contract violations (i.e., contract enforcement). ...