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Alkaissy, M, Arashpour, M, Zeynalian, M and Li, H (2022) Worksite Accident Impacts on Construction and Infrastructure: Nondeterministic Analysis of Subsectors and Organization Sizes. Journal of Construction Engineering and Management, 148(06).
Aroke, O, Hasanzadeh, S, Esmaeili, B, Dodd, M D and Brock, R (2022) Using Worker Characteristics, Personality, and Attentional Distribution to Predict Hazard Identification Performance: A Moderated Mediation Analysis. Journal of Construction Engineering and Management, 148(06).
Candaş, A B and Tokdemir, O B (2022) Automating Coordination Efforts for Reviewing Construction Contracts with Multilabel Text Classification. Journal of Construction Engineering and Management, 148(06).
Chen, G, Chen, J, Tang, Y, Li, Q and Luo, X (2022) Identifying Effective Collaborative Behaviors in Building Information Modeling–Enabled Construction Projects. Journal of Construction Engineering and Management, 148(06).
Dou, Y and Bo, Q (2022) Characteristics and Dynamics of BIM Adoption in China: Social Network Analysis. Journal of Construction Engineering and Management, 148(06).
Hussein, M, Darko, A, Eltoukhy, A E E and Zayed, T (2022) Sustainable Logistics Planning in Modular Integrated Construction Using Multimethod Simulation and Taguchi Approach. Journal of Construction Engineering and Management, 148(06).
Jiang, S, Ma, G, Jia, J, Wu, M and Wu, Z (2022) Mobile ICT Overuse in the Construction Industry: Effects on Job Burnout of Project Managers. Journal of Construction Engineering and Management, 148(06).
Liu, G, Huang, R, Li, K, Shrestha, A and Fu, X (2022) Greenhouse Gas Emissions Management in Prefabrication and Modular Construction Based on Earned Value Management. Journal of Construction Engineering and Management, 148(06).
Liu, K and El-Gohary, N (2022) Bridge Deterioration Knowledge Ontology for Supporting Bridge Document Analytics. Journal of Construction Engineering and Management, 148(06).
Liu, T, Chong, H, Zhang, W, Lee, C and Tang, X (2022) Effects of Contractual and Relational Governances on BIM Collaboration and Implementation for Project Performance Improvement. Journal of Construction Engineering and Management, 148(06).
Lv, L, Wang, Z, Li, H, Zhang, C and Qiao, R (2022) Tournament Incentive Mechanisms Design for Long-Distance Water Diversion Projects Incorporating Preference Heterogeneity. Journal of Construction Engineering and Management, 148(06).
- Type: Journal Article
- Keywords: Tournament incentive; Long-distance water diversion projects (LDWDP); Fairness preferences; Self-interest preferences; Tournament grouping;
- ISBN/ISSN: 0733-9364
- URL: https://doi.org/10.1061/(ASCE)CO.1943-7862.0002284
- Abstract:
The owner often entrusts multiple contractors to construct in parallel due to the linear distribution of a long-distance water diversion project (LDWDP). However, multiple contractors with more information are more likely to engage in opportunistic behaviors harming the project and the public interest. The tournament incentive mechanism is considered to be one of the most effective measures to solve this issue. There are few studies on tournament incentive in construction project management, and the heterogeneous characteristics of psychological preference and the differences in tournament form are ignored. Therefore, to bridge these gaps, the tournament theory is introduced in this study to design multicontractor incentive mechanisms considering fairness preferences and self-interest preferences in a LDWDP contract. The primary contributions of this study are (1) to develop multicontractor tournament incentive models considering the preference heterogeneity based on the Lazear-Sherwin (LR) tournament incentive model and the Fehr–Schmidt fairness preference model, thus remedying the lack of a multicontractor incentive mechanism in the construction project field; (2) to explore the impact of tournament grouping arrangement on the incentive structure and incentive effect under three scenarios to help the owners improve practical guidance for formulating an incentive mechanism; and (3) to design the incentive intensity associated with each contractor’s relative ranking and absolute output performance to provide a theoretical basis for the transaction governance of large projects involving multiple contractors. This study not only improves the optimal incentive contract for LDWDP theoretically but also enriches and promotes the development of behavioral contract theory in various fields.
Shen, K, Li, X, Cao, X and Zhang, Z (2022) Prefabricated Construction Process Optimization Based on Rework Risk. Journal of Construction Engineering and Management, 148(06).
Wang, S, Ni, Z, Qu, T, Wang, H and Pan, Q (2022) A Novel Index to Evaluate the Workability of Conditioned Coarse-Grained Soil for EPB Shield Tunnelling. Journal of Construction Engineering and Management, 148(06).
Yang, Y, Pan, M and Pan, W (2022) Integrated Offsite Logistics Scheduling Approach for High-Rise Modular Building Projects. Journal of Construction Engineering and Management, 148(06).
Zhan, W, Pan, W and Hao, G (2022) Productivity Measurement and Improvement for Public Construction Projects. Journal of Construction Engineering and Management, 148(06).
Zhong, S and Elzarka, H (2022) A Hybrid Grey System Theory–Based Subcontractor Selection Model for High-Stakes Construction Projects. Journal of Construction Engineering and Management, 148(06).