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Empirical Investigation – United Kingdom

Hypotheses

Project Characteristics, Early Involvement, and Use of Group-Based Incentive Contracts

Construction project characteristics have been studied from different angles in academic literature. Winch (2001) addresses the interrelation between information, project uncertainty, and project life cycle, arguing that projects experience a progressive reduction in uncertainty through the project life cycle. From the perspective of transaction cost economics, Ive and Chang (2007) categorize project characteristics and relate them to procurement systems selection. From the perspective of systems thinking, ...

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