DocumentCode :
2964067
Title :
The Contractor´s Incentive Management Based on Interface Payment for the Owner
Author :
Yi, Tao ; Xiao, Chengchen ; Liu, Xiaming
Author_Institution :
Dept. Bus. Adm., North China Electr. Power Univ., Beijing, China
fYear :
2011
fDate :
12-14 Aug. 2011
Firstpage :
1
Lastpage :
4
Abstract :
Based on the maximum interest of the owner and contractor, this paper introduced mental accounting theory and the principle of timely incentive, and made use of which in the interface payment incentive management to the contractor ; in order to make sure of the incentive time and payment to achieve the greatest incentive effect to the contractor, this paper focused on a psychological point of view by building incentive model to make the two parties win-win.
Keywords :
accounting; construction industry; contracts; incentive schemes; project engineering; contractors incentive management; incentive effect; incentive model; incentive time; interface payment incentive management; maximum interest; mental accounting theory; owner; timely incentive principle; Awards activities; Contracts; Genetic algorithms; Optimization; Psychology; Remuneration; Schedules;
fLanguage :
English
Publisher :
ieee
Conference_Titel :
Management and Service Science (MASS), 2011 International Conference on
Conference_Location :
Wuhan
Print_ISBN :
978-1-4244-6579-8
Type :
conf
DOI :
10.1109/ICMSS.2011.5998214
Filename :
5998214
Link To Document :
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