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Most contracts that individuals enter into are not written from scratch; rather, they depend upon forms and terms that have been successful in the past. In this paper, we study the structure of form construction contracts published by the American Institute of Architects (AIA). We show that...
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One possibility to construct heavy tail distributions is to directly manipulate a standard Gaussian random variable by means of transformations which satisfy certain conditions. This approach dates back to Tukey (1960) who introduces the popular H-transformation. Alternatively, the...
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Formatively-measured constructs (FMCs) are increasingly used in marketing research as well as in other disciplines. Although constructs operationalized by means of formative indicators have mostly been placed in exogenous positions in structural equation models, they also frequently occupy...
Persistent link: https://www.econbiz.de/10010344839
Major clients of the construction industry have been found to organise construction work into fewer, but larger, contracts with more transfer of risk and responsibilities in response to a change from a sellers market to a buyers market, and facing a greater choice of procurement methods than...
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