Title :
Research on Moral Hazard of the Governmental Investment Construction Projects Based on the Residual Claiming Model
Author :
Zhang, Tao ; Jiansheng Zhang ; Chen, Baofeng
Author_Institution :
Coll. of Econ. & Manage., China Agric. Univ., Beijing, China
Abstract :
The paper studies the residual claiming model for stimulating participants of the governmental investment construction projects. Introducing the residual claiming model based will effectively avoid the "Moral Hazard" in construction projects, therefore we establish residual claiming model and analysis it.
Keywords :
construction industry; government; socio-economic effects; governmental investment construction projects; moral hazard; residual claiming model; Conference management; Contracts; Costs; Educational institutions; Engineering management; Ethics; Hazards; Investments; Iron; Project management;
Conference_Titel :
Information Science and Engineering (ICISE), 2009 1st International Conference on
Conference_Location :
Nanjing
Print_ISBN :
978-1-4244-4909-5
DOI :
10.1109/ICISE.2009.969
