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Castelblanco, G, Fenoaltea, E M, De Marco, A, Demagistris, P, Petruzzi, S and Zeppegno, D (2024) Combining stakeholder and risk management: Multilayer network analysis for complex megaprojects. Journal of Construction Engineering and Management, 150(02).

Duva, M, Mollaoglu, S, Zhao, D and Frank, K A (2024) A framework for social network interventions in AEC teams: Strategies and implications. Journal of Construction Engineering and Management, 150(02).

Gao, L, Luo, X, Wang, Y, Zhang, N and Deng, X (2024) Retention in challenging international construction assignments: Role of expatriate resilience. Journal of Construction Engineering and Management, 150(02).

Gao, W, Yan, X and Li, T (2024) Influencing factors and critical paths of virtual reality adoption by AEC enterprises based on TOE-SNA. Journal of Construction Engineering and Management, 150(02).

Hosseinian, S M and Jaberi, A (2024) Optimal sharing of construction project outcomes with downstream contracting parties: Principal-agent analysis. Journal of Construction Engineering and Management, 150(02).

  • Type: Journal Article
  • Keywords: optimization; outcome sharing; principal-agent theory; subcontracting
  • ISBN/ISSN: 0733-9364
  • URL: http://doi.org/10.1061/JCEMD4.COENG-13652
  • Abstract:
    Sharing of a project's outcomes drives the contracting parties to closer cooperation. However, subcontracting and sharing with downstream contracting parties (e.g., subcontractor and sub-subcontractor) have received less attention in the construction literature. This paper proposes an optimal multilayer outcome-sharing model for construction contracts between a client and a construction team (e.g., including contractors, subcontractors, and sub-subcontractors), based on existing utility and principal-agent models. A numerical study supports the validity of the proposed model and the paper's propositions. The findings indicate that optimal effort levels by downstream parties result in cost savings for all contracting parties, promoting fair and efficient outcome sharing. Moreover, the study highlights that contracts with risk-neutral downstream contracting parties lead to the most significant cost-saving for the client. The paper's contribution lies in establishing a connection between optimal sharing in upstream layers and downstream layers. The modeling approach is original, with no similar models found in the existing literature.

Kelly, D and Koo, H J (2024) Challenges managing large historic building renovations: Lessons learned from detroit, Michigan. Journal of Construction Engineering and Management, 150(02).

McFarland, T C, Ryu, J, Haas, C and Abdel-Rahman, E (2024) Crafting safe and efficient masonry practices: Quantitative assessment of postural characteristics in movement strategies. Journal of Construction Engineering and Management, 150(02).

Thelemaque, N A and Kaminsky, J A (2024) Corporate climate pledges of high-revenue design firms and contractors. Journal of Construction Engineering and Management, 150(02).

Zarghami, S A (2024) No scheduling problem but rather a rescheduling problem: Measuring robustness of schedule network in construction projects. Journal of Construction Engineering and Management, 150(02).