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Keywords: Optimum
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Journal Articles
Optimal sharing arrangement for multiple project outcomes
Available to Purchase
Journal of Financial Management of Property and Construction (2014) 19 (3): 264–280.
Published: 28 October 2014
... – It is demonstrated that, at the optimum, the proportions of outcomes sharing to the contractor should be higher for outcomes with lower effort cost and a lower level of uncertainty, and by increasing the correlation between outcomes, the fixed component of the contractor’s fee should increase and the proportions...
