1,079
Views
124
CrossRef citations to date
0
Altmetric
Original Articles

Joint risk management through transactionally efficient relational contracting

Pages 45-54 | Published online: 22 Oct 2010

References

  • ACEC/AGC . 1992 . Owners Guide to Saving Money by Risk Allocation , American Consulting Engineers Council and Associated General Contractors of America .
  • Ahmed , S. M. , Ahmad , R. and de Saram , D. D. 1999 . Risk management trends in Hong Kong construction industry: a comparison of contractors and owners perceptions . Engineering Construction and Architectural Management , 6 ( 3 ) : 256 – 266 .
  • Alsagoff , S. A. and McDermott , P. Relational Contracting: A Prognosis for the UK Construction Industry? . Proceedings of GIB W92, Procurement Systems - East Meets West . Edited by: Rowlinson , S. pp. 11 – 19 . University of Hong Kong .
  • Campbell , D. 1997 . “ The relational constitution of contract and the limits of economics: Kenneth Arrow on the social background of markets ” . In Contracts, Co-operation and Competition, Studies in Economics, Management and Law , Edited by: Deakin , S. and Michie , J. 307 – 336 . Oxford : Oxford University Press .
  • CII . 1996 . The Partnering Process - Its Benefits, Implementation, and Measurement , Austin, TX : Construction Industry Institute .
  • Deakin , S. , Lane , C. and Wilkinson , F. 1997 . “ Contract law, trust relations, and incentives for cooperation: a comparative study ” . In Contracts, Co-operation and Competition, Studies in Economics, Management and Law , Edited by: Deakin , S. and Michie , J. 105 – 139 . Oxford : Oxford University Press .
  • Dissanayaka , S. M. and Kumaraswamy , M. M. 1999 . Reconstructing procurement systems and team relationships . International Journal of Computer Integrated Design And Construction , 1 ( 2 ) : 10 – 19 .
  • Drexler , J. A. Jr. and Larson , E. W. 2000 . Partnering: why project owner-contractor relationships change . Journal of Construction Engineering and Management ASCE , 126 ( 4 ) : 293 – 297 .
  • Fisk , E. R. 1997 . Construction Project Administration , 5th Edn , 223 – 239 . Englewood Cliffs, NJ : Prentice-Hall .
  • Hartman , F. , Snelgrove , P. and Ashrafi , R. 1997 . Effective wording to improve risk allocation in lump sum contracts . Journal of Construction Engineering and Management , 123 ( 4 ) : 379 – 387 .
  • Ho , O. S. 2000 . “ Enhancing construction technology through strategic partnering: a contractor's perspective ” . In Symposium on Quality Housing: Partnering Symposium 2000 Hong Kong available at
  • Jones , D. Project Alliances . Proceedings of Conference on ‘Whose Risk? Managing Risk in Construction - Who Pays?’ . November , Hong Kong.
  • Joskow , P. L. 1985 . Vertical integration and long-term contracts: the case of coal-burning electrical generating plants . Journal of Law, Economics, and Organization , 1 ( 1 ) : 33 – 80 .
  • Kumaraswamy , M. M. 1997 . Common categories and causes of construction claims . Construction Law Journal , 13 ( 1 ) : 21 – 34 .
  • Kumaraswamy , M. M. and Mathews , J. D. 2000 . Improved subcontractor selection employing partnering principles . Journal of Management in Engineering , 16 ( 3 ) : 47 – 57 .
  • Lyons , B. and Mehta , J. 1997 . “ Private sector business contracts: the text between the lines ” . In Contracts, Co-operation and Competition, Studies in Economics, Management and Law , Edited by: Deakin , S. and Michie , J. 43 – 66 . Oxford : Oxford University Press .
  • Macaulay , S. 1963 . Non-contractual relations in business: a preliminary study . American Sociological Review , 28 : 55 – 67 .
  • Macneil , I. R. 1974 . The many futures of contracts . Southern California Law Review , 47 : 691 – 816 .
  • Macneil , I. R. 1978 . Contracts: adjustment of long-term economic relations under Classical, neoclassical and relational contract law . Northwestern University Law Review , 75 ( 5 ) : 854 – 905 . part 2
  • Macneil , I. R. 1980 . The New Social Contract: An Inquiry into Modern Contractual Relations , New Haven, NJ : Yale University Press .
  • McGowan , P. H. , Malcom , R. , Horner , W. , Jones , D. and Thompson , P. A. 1992 . Allocation and Evaluation of Risk in Construction Contracts , Occasional Paper No. 52 Ascot : Chartered Institute of Building .
  • Rahman , M. M. , Palaneeswaran , E. and Kumaraswamy , M. M. Applying transaction costing and relational contracting principles to improved risk management and contractor selection . Proceedings of the International Conference on Project Cost Management . May , Beijing. pp. 171 – 181 .
  • Thompson , P. J. and Sanders , S. R. 1998 . Partnering continuum . Journal of Management in Engineering ASCE , 14 ( 5 ) : 73 – 78 .
  • Walker , D. H. T. , Hampson , K. and Peters , R. Project alliancing and project partnering - what's the difference? - partner selection on the Australian National Museum project: a case study . Proceedings of the CIB W92 Conference . Chile. pp. 641 – 655 .
  • Williamson , O. E. 1987 . The Economic Institutions of Capitalism , New York : The Free Press .
  • Williamson , O. E. 1996 . The Mechanisms of Governance , New York : The Free Press .
  • Winch , G. 1989 . The construction firm and the construction project: a transaction cost approach . Construction Management and Economics , 7 : 331 – 345 .
  • Wong , Y. H. and Chan , Y. K. 1999 . Relationship marketing in China: guanxi, favouritism and adaptation . Journal of Business Ethics , 22 ( 2 ) Part 1

Reprints and Corporate Permissions

Please note: Selecting permissions does not provide access to the full text of the article, please see our help page How do I view content?

To request a reprint or corporate permissions for this article, please click on the relevant link below:

Academic Permissions

Please note: Selecting permissions does not provide access to the full text of the article, please see our help page How do I view content?

Obtain permissions instantly via Rightslink by clicking on the button below:

If you are unable to obtain permissions via Rightslink, please complete and submit this Permissions form. For more information, please visit our Permissions help page.