Essays about: "Kontraktsdesign"

Found 1 essay containing the word Kontraktsdesign.

  1. 1. Effects of Endogenous Risks in Contract Design : A Theoretical and Empirical Analysis of the Optimal Contract Design in the Swedish Construction Industry

    University essay from KTH/Fastigheter och byggande

    Author : Julio Cesar De Barros Cruz; [2021]
    Keywords : Procurement contracts; Contract theory; Contract design; Principal agent; Asymmetric information; Optimal contract; Endogenous risk; Risk aversion; Incentive; Upphandlingskontrakt; Kontraktsteori; Kontraktsdesign; Principal agent; Asymmetrisk information; Optimalt kontrakt; Endogen risk; Riskaversion; Incitament;

    Abstract : The architecture, engineering and construction industry faces challenges when dealing withprocurement contract design and risk-handling. The optimal contracting practices have beenworldwide studied in areas of contract theory which studies how the optimal incentivemechanism (“contracts”) can be designed to encourage the parties to behave more efficiently. READ MORE