Possibilities of clients and contractor's disputes settlement at the pretrial stage

The article analyses, by using economic methods, the probable behaviour of construction process parties during a dispute settlement. With the use of optimism (or differing perceptions) and asymmetric information models an attempt is made to determine the most economically advantageous behavioural p...

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Bibliographic Details
Main Author: Violeta Keršuliene
Format: Article
Language:English
Published: Vilnius Gediminas Technical University 2007-06-01
Series:Technological and Economic Development of Economy
Subjects:
Online Access:https://journals.vgtu.lt/index.php/TEDE/article/view/7723