Optimal outcome sharing with a consortium of contractors
Where a consortium of contractors is involved, there exist no guidelines in the literature on what the outcome sharing arrangement should be. The paper addresses this shortfall. It derives the optimal outcome sharing arrangement for risk-neutral and risk-averse contractors within the consortium, and...
Main Authors: | , |
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Format: | Article |
Language: | English |
Published: |
Vilnius Gediminas Technical University
2016-05-01
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Series: | Journal of Civil Engineering and Management |
Subjects: | |
Online Access: | http://journals.vgtu.lt/index.php/JCEM/article/view/1366 |