Strategies for avoiding asymmetric information in construction project management
A construction project is characterized by a high number of project participants and a multitude of contract relations. The Principal Agent Theory deals with the design of contracts, especially with respect to asymmetric information. Asymmetric distribution of information in co‐operations can have e...
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Format: | Article |
Language: | English |
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Vilnius Gediminas Technical University
2008-03-01
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Series: | Journal of Business Economics and Management |
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Online Access: | https://journals.vgtu.lt/index.php/JBEM/article/view/6841 |