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Salience and Its Implications for Common-Pool Resource Management in Scotland: A Tragedy of a Different Kind?

Brown, Katrina Myrvang; Slee, Bill - 2002

"In past contributions to CPR theory, the issue of salience/dependence on a resource has been flagged up as a one of a number of significant factors for robust CPR management. Nevertheless, few authors have pursued the matter in greater depth other than to assert that if the salience or...

Persistent link: https://www.econbiz.de/10009468341

INCORPORATING RISK PREFERENCES INTO REAL OPTIONS MODELS

Isik, Murat - 2004

This paper develops a framework to link the expected utility analysis to real options models in order to capture the joint effects of risk aversion and irreversibility associated with real investments. It aims at modifying the theory of investment under uncertainty by incorporating decision...

Persistent link: https://www.econbiz.de/10009443612

Effective Financial Incentive Mechanisms: An Australian Study

Rose, Timothy; Manley, Karen - 2007

The use of financial incentives in construction projects has been seen as a way to improve short term motivation, collaboration and reinforce long term commitment between project stakeholders. Yet, very little empirical research has been conducted into how financial incentives should be applied...

Persistent link: https://www.econbiz.de/10009437563

A conceptual framework to investigate the optimisation of financial incentive mechanisms in construction projects

Rose, Timothy M.; Manley, Karen - 2005

incentive mechanisms take many forms in construction contracts, including: profit sharing in cost plus incentive contracts …, bonus performance provisions attached to various lump sum and cost reimbursable contracts, and multiple financial incentive …

Persistent link: https://www.econbiz.de/10009437675

Aligning project stakeholder motivation through incentivisation : a client-driven approach

Rose, Timothy M.; Manley, Karen - 2010

The use of appropriate financial incentives within construction projects can contribute to strong alignment of project stakeholder motivation with project goals. However, effective incentive system design can be a challenging task and takes skillful planning by client managers in the early...

Persistent link: https://www.econbiz.de/10009437867

Motivating construction organisations through incentives : a case study for client-side project managers

Rose, Timothy M.; Manley, Karen - 2010

Client-side project managers face challenges in motivating project organisations to pursue exceptional design and construction performance. One approach to improving the motivation of project organisations is by offering a financial incentive reward for the achievement of voluntary performance...

Persistent link: https://www.econbiz.de/10009437942

Embracing a modern contract – progression since Latham?

Lord, Wayne E. - 2008

contracts published by the Joint Contracts Tribunal (“JCT”), Institution of Civil Engineers (“ICE”) and the New Engineering … Constructing Excellence Contract. On the other hand. the NEC family of contracts were found to have embraced virtually all the …

Persistent link: https://www.econbiz.de/10009461042

Automated negotiation for service contracts

Lock, Russell - 2006

in the automated negotiation of service contracts based on exogenously stated requirements / capabilities. In doing so it …

Persistent link: https://www.econbiz.de/10009461329

Imperfect Information, Multilateral Bargaining, and Unitization: An Experimental Analysis

Wiggins, Steve; Hackett, Steven C.; Battalio, Raymond C. - 1991

"This paper provides an experimental analysis of bargaining under imperfect information, molded by the circumstances found in oil field unitization. The purpose of the study is two-fold. One purpose is to provide a more in-depth analysis of how information affects bargained shares and...

Persistent link: https://www.econbiz.de/10009468342

Análise de contratos da suinocultura sob a óptica da Nova Economia Institucional

Pereira, Sandra Mara; Freire, Weimar da Rocha Junior; … - 2008

incerteza. This article intends to examine contracts of production of pigs under view of the NewInstitutional Economics. The … reference book addresses the issues NIS, attributes of thetransactions and contracts. As methodology, were analyzed contracts … observed that the contracts of integration (or partnership) has been an important tool for both business processing, which can …

Persistent link: https://www.econbiz.de/10009479514