Information on construction

Information on Construction


Cover imageTo analyze the condition of asymmetric information (AI) in construction projects

To determine the main element AIs on the list of members

To analyze the impact of secret AIs and corresponding suggestions

Through the point of view of information business economics, asymmetric information causes opportunistic behavior, the major reason for loss and threat within the building marketplace. This research studies on the probability and impacts of asymmetric information phenomena systematically and is targeted on information asymmetry among owners, contractors and supervisors. This really is performed by inviting construction industry individuals in China to guage asymmetric information phenomena in project administration by surveys. The evaluation includes two stages, in other words. putting in a bid phase and performance stage. Risk considerable index is employed to spot the key asymmetric information phenomena. “Owner's financial condition” and “Owner's capability to spend development repayments” gains the greatest score within these two stages respectively. The research helps to differentiate the primary and secondary purchase of asymmetric information phenomena and gets better the effectiveness of project administration. Main individuals can use it as a reference to stop and reduce the doubt and threat in project management.

Keywords

  • Information asymmetry;
  • Venture administration;
  • Main members;
  • Asia


Share this article





Related Posts


Houston Construction
Houston Construction

Latest Posts
Building and Construction degree
Building and…
What is the Building Construction…
Building and Construction Services
Building and…
Bradenton City Hall is…
Electrical Construction Technology
Electrical Construction…
OSUIT is one of only some…
Modern Construction Company
Modern Construction…
One of many choices frontrunners…
Examples of Construction Technology
Examples of Construction…
Whilst the quantity and…
Search
Featured posts
  • Houston Construction
  • Project on Construction of Building
  • Construction Information Technology
  • New construction materials
  • Innovative materials in construction
  • Construction materials definition
  • Latest construction materials
  • Modern construction materials
  • Smart materials used in construction
Copyright © 2024 l construction-engineering.eu. All rights reserved.