... and selecting governance mechanisms. Cooperative behaviors Conflict profiles Contract design Contract enforcement Trust Conflict manifests itself as incompatibility within or between social entities. Due to different interests among parties, complex project tasks and unpredictable contingencies...

... on the principal–agent theory and collusion theory, this paper aims to investigate optimal collusion-proof incentive contracts. Design/methodology/approach This paper presents a game-theoretic framework comprising an owner, supervisor and contractor, who interact and pursue maximized self-profits. Built upon...