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Chih, Y, Kiazad, K, Zhou, L, Capezio, A, Li, M and D. Restubog, S L (2016) Investigating Employee Turnover in the Construction Industry: A Psychological Contract Perspective. Journal of Construction Engineering and Management, 142(06).

Du, J, Kim, B and Zhao, D (2016) Cost Performance as a Stochastic Process: EAC Projection by Markov Chain Simulation. Journal of Construction Engineering and Management, 142(06).

Jung, M, Park, M, Lee, H and Kim, H (2016) Weather-Delay Simulation Model Based on Vertical Weather Profile for High-Rise Building Construction. Journal of Construction Engineering and Management, 142(06).

Liu, J, Zhao, X and Yan, P (2016) Risk Paths in International Construction Projects: Case Study from Chinese Contractors. Journal of Construction Engineering and Management, 142(06).

Love, P E D, Edwards, D J and Smith, J (2016) Rework Causation: Emergent Theoretical Insights and Implications for Research. Journal of Construction Engineering and Management, 142(06).

Lu, W, Zhang, L and Zhang, L (2016) Effect of Contract Completeness on Contractors’ Opportunistic Behavior and the Moderating Role of Interdependence. Journal of Construction Engineering and Management, 142(06).

  • Type: Journal Article
  • Keywords: Contract completeness; Opportunistic behavior; Interdependence; Contracting;
  • ISBN/ISSN: 0733-9364
  • URL: https://doi.org/10.1061/(ASCE)CO.1943-7862.0001110
  • Abstract:
    The characteristics of construction projects—e.g., one-off, high complexity, information asymmetry, and asset specificity—have led to a very common phenomenon of opportunism. In this paper, a questionnaire based on a sample of contractors was employed to explore the effect of contract completeness on contractors’ opportunistic behavior, as well as the moderating role of interdependence. The results show that term specificity, contingency adaptability, and contractual obligatoriness all have negative effects on contractors’ opportunistic behavior (both weak and strong forms), while issue inclusiveness positively influences contractors’ opportunistic behavior. In addition, except for the positive moderating role of interdependence magnitude on the relationship between contingency adaptability and contractors’ opportunistic behavior (weak form), the other three significant moderating effects (magnitude on issue inclusiveness and strong form, magnitude on contractual obligatoriness and strong form, asymmetry on term specificity and strong form) are all found to be negative. These findings can give insight into the many ways that contracts affect opportunism, and thus help both sides strategically react to opportunistic disturbances and minimize transaction costs.

Shen, X, Marks, E, Pradhananga, N and Cheng, T (2016) Hazardous Proximity Zone Design for Heavy Construction Excavation Equipment. Journal of Construction Engineering and Management, 142(06).

Siu, M F, Lu, M, AbouRizk, S and Tidder, V (2016) Quantitative Assessment of Budget Sufficiency and Resource Utilization for Resource-Constrained Project Schedules. Journal of Construction Engineering and Management, 142(06).

Vashani, H, Sullivan, J and El Asmar, M (2016) DB 2020: Analyzing and Forecasting Design-Build Market Trends. Journal of Construction Engineering and Management, 142(06).

Zhang, S, Zhang, S, Gao, Y and Ding, X (2016) Contractual Governance: Effects of Risk Allocation on Contractors’ Cooperative Behavior in Construction Projects. Journal of Construction Engineering and Management, 142(06).