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, an...

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Bibliographic Details
Main Authors: S. Mahdi Hosseinian, David G. Carmichael
Format: Article
Language:English
Published: Vilnius Gediminas Technical University 2016-05-01
Series:Journal of Civil Engineering and Management
Subjects:
Online Access:http://journals.vgtu.lt/index.php/JCEM/article/view/1366