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Keywords: Adverse selection
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Journal Articles
Journal:
Disaster Prevention and Management
Disaster Prevention and Management: An International Journal (2011) 20 (4): 363–377.
Published: 30 August 2011
... of construction quality problems related to the specific case of the Wenchuan earthquake of China. Findings The single low price competition in the construction tender market leads to the serious adverse selection and moral hazard behavior of bidding firms. The main solution to this problem...
