Towards an approach for measuring the risk-bearing capacity of construction contracts
The purpose of this research is to define a novel concept, termed risk-bearing capacity, and develop its quantitative measure as a decision aiding tool to help the project investor decide what financial protection to take. Drawing on the economic concept of quasi rent, the new approach provides a di...
Saved in:
| Published in | 2011 IEEE International Technology Management Conference pp. 501 - 509 |
|---|---|
| Main Author | |
| Format | Conference Proceeding |
| Language | English |
| Published |
IEEE
01.06.2011
|
| Subjects | |
| Online Access | Get full text |
| ISBN | 9781612849515 1612849512 |
| DOI | 10.1109/ITMC.2011.5996019 |
Cover
| Abstract | The purpose of this research is to define a novel concept, termed risk-bearing capacity, and develop its quantitative measure as a decision aiding tool to help the project investor decide what financial protection to take. Drawing on the economic concept of quasi rent, the new approach provides a direct measurement of the maximum risk exposure a contractual arrangement can withstand and holds the potential to evolve into a framework enabling the project investor to integrate the choice of financial protection in a coherent way. |
|---|---|
| AbstractList | The purpose of this research is to define a novel concept, termed risk-bearing capacity, and develop its quantitative measure as a decision aiding tool to help the project investor decide what financial protection to take. Drawing on the economic concept of quasi rent, the new approach provides a direct measurement of the maximum risk exposure a contractual arrangement can withstand and holds the potential to evolve into a framework enabling the project investor to integrate the choice of financial protection in a coherent way. |
| Author | Chen-Yu Chang |
| Author_xml | – sequence: 1 surname: Chen-Yu Chang fullname: Chen-Yu Chang email: chen-yu.chang@ucl.ac.uk organization: Bartlett Sch. of Constr. & Project Manage., Univ. Coll. London, London, UK |
| BookMark | eNo1kMtOwzAURI0ACVr6AYiNfyDlXsex4yWqeFQqYhPWleMHNdA4sl2h_j0FysxidGYxi5mQsyEOjpBrhDkiqNtl97yYM0CcN0oJQHVCJiiQtVw1DE7JTMn2n7G5ILOc3-EgIZQQcEleu_ilk81UD1SPY4rabKiPiW6dzrsUhjdaNo6mkD-q3unfwuhRm1D2NHpq4pBL2pkS4vADJWlT8hU59_ozu9kxp6R7uO8WT9Xq5XG5uFtVQUGprDLgkSvPGQonG2El916DhwZbJrmyTQ9C1ta0uldSMs6tB9si1Kx2B0_Jzd9scM6txxS2Ou3XxyPqb1PRU-k |
| ContentType | Conference Proceeding |
| DBID | 6IE 6IH CBEJK RIE RIO |
| DOI | 10.1109/ITMC.2011.5996019 |
| DatabaseName | IEEE Electronic Library (IEL) Conference Proceedings IEEE Proceedings Order Plan (POP) 1998-present by volume IEEE Xplore All Conference Proceedings IEEE Electronic Library (IEL) IEEE Proceedings Order Plans (POP) 1998-present |
| DatabaseTitleList | |
| Database_xml | – sequence: 1 dbid: RIE name: IEEE Electronic Library (IEL) url: https://proxy.k.utb.cz/login?url=https://ieeexplore.ieee.org/ sourceTypes: Publisher |
| DeliveryMethod | fulltext_linktorsrc |
| Discipline | Economics |
| EISBN | 1612849520 9781612849508 1612849504 9781612849522 |
| EndPage | 509 |
| ExternalDocumentID | 5996019 |
| Genre | orig-research |
| GroupedDBID | 6IE 6IF 6IG 6IH 6IK 6IL 6IN AAJGR AAWTH ADFMO ALMA_UNASSIGNED_HOLDINGS BEFXN BFFAM BGNUA BKEBE BPEOZ CBEJK IEGSK IERZE IJVOP OCL RIE RIL RIO |
| ID | FETCH-LOGICAL-i90t-d9c0f149f4216e756d74ffa0f05182749d5b0673dc8ab977244df0d810323e3e3 |
| IEDL.DBID | RIE |
| ISBN | 9781612849515 1612849512 |
| IngestDate | Wed Aug 27 03:31:40 EDT 2025 |
| IsPeerReviewed | false |
| IsScholarly | false |
| Language | English |
| LinkModel | DirectLink |
| MergedId | FETCHMERGED-LOGICAL-i90t-d9c0f149f4216e756d74ffa0f05182749d5b0673dc8ab977244df0d810323e3e3 |
| PageCount | 9 |
| ParticipantIDs | ieee_primary_5996019 |
| PublicationCentury | 2000 |
| PublicationDate | 2011-June |
| PublicationDateYYYYMMDD | 2011-06-01 |
| PublicationDate_xml | – month: 06 year: 2011 text: 2011-June |
| PublicationDecade | 2010 |
| PublicationTitle | 2011 IEEE International Technology Management Conference |
| PublicationTitleAbbrev | ITMC |
| PublicationYear | 2011 |
| Publisher | IEEE |
| Publisher_xml | – name: IEEE |
| SSID | ssj0000669660 |
| Score | 1.4846544 |
| Snippet | The purpose of this research is to define a novel concept, termed risk-bearing capacity, and develop its quantitative measure as a decision aiding tool to help... |
| SourceID | ieee |
| SourceType | Publisher |
| StartPage | 501 |
| SubjectTerms | Contracts Economics Electric shock Face Instruments Investments Procurement |
| Title | Towards an approach for measuring the risk-bearing capacity of construction contracts |
| URI | https://ieeexplore.ieee.org/document/5996019 |
| hasFullText | 1 |
| inHoldings | 1 |
| isFullTextHit | |
| isPrint | |
| link | http://utb.summon.serialssolutions.com/2.0.0/link/0/eLvHCXMwjV09T8MwED2VLjDx0SK-5YERt0mJE3uuqApSEUMqdasc-ywhRILUdOHXc3aSIhADypJYiuXYsd_z-e4dwC0tiy7W6HjmhOOJEMh9biuubZZlOiFMccHL9zmdL5OnlVj14G4XC4OIwfkMR_42nOXbymy9qWwcpES8xuce_WZNrNbOnkLQ6YUmfexW6tdcYg6TVtKpexbtqWYcqfFjvpg2Ap5tpT-yqwRwmR3ComtW41PyNtrWxch8_lJs_G-7j2D4HcbHXnYAdQw9LE9gvwtF3gxgmQen2Q3TJevExRmxWPYeLIf0EiN-yLz7OS9oSvgCQ-hqiLqzyjFTfevPsuD0rk29GUI-e8inc97mWeCvKqq5VYbGK1EumcQpZiK1WeKcjhzNV0mbVmVF4dPZWCN1QXSRCIF1kZVeiu8e6TqFflmVeAYsRkylQql9wnWnsJCpjDQBoKX6tcBzGPjeWX80ShrrtmMu_i6-hIPGguttHlfQpw_Ca6IAdXETxv4LhwitPQ |
| linkProvider | IEEE |
| linkToHtml | http://utb.summon.serialssolutions.com/2.0.0/link/0/eLvHCXMwjV07T8MwED5VZSgTjxbxxgMjbpMS5zFXVC20FUMqdasc-ywhRILUdOHXc3aSViAGlCWxFMvx6_tyvvsO4J62ReNLNDwywvBACOQ2txWXOooiGRCmGOfluwgny-B5JVYteNjFwiCicz7Dvr11Z_m6UFtrKhs4KRGr8XlAuB-IKlprZ1Eh8LRSkzZ6K7S7LnGHYS3q1DyL-lzT95LBNJ2PKgnPutof-VUcvIyPYN40rPIqee9vy6yvvn5pNv635cfQ2wfysdcdRJ1AC_NT6DTByJsuLFPnNrthMmeNvDgjHss-nO2QXmLEEJl1QOcZLQpboAhfFZF3Vhimir0CLXNu71KVmx6k46d0NOF1pgX-lngl14miEQsSEwz9ECMR6igwRnqGVmxMv62JFplNaKNVLDMijEQJtPF0bMX4HpGuM2jnRY7nwHzEME4wljblukkwi8PYkwSBmuqXAi-ga3tn_Vlpaazrjrn8u_gOOpN0PlvPpouXKzis7LnWAnINbfo4vCFCUGa3bh58A8xqsIo |
| openUrl | ctx_ver=Z39.88-2004&ctx_enc=info%3Aofi%2Fenc%3AUTF-8&rfr_id=info%3Asid%2Fsummon.serialssolutions.com&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Abook&rft.genre=proceeding&rft.title=2011+IEEE+International+Technology+Management+Conference&rft.atitle=Towards+an+approach+for+measuring+the+risk-bearing+capacity+of+construction+contracts&rft.au=Chen-Yu+Chang&rft.date=2011-06-01&rft.pub=IEEE&rft.isbn=9781612849515&rft.spage=501&rft.epage=509&rft_id=info:doi/10.1109%2FITMC.2011.5996019&rft.externalDocID=5996019 |
| thumbnail_l | http://covers-cdn.summon.serialssolutions.com/index.aspx?isbn=9781612849515/lc.gif&client=summon&freeimage=true |
| thumbnail_m | http://covers-cdn.summon.serialssolutions.com/index.aspx?isbn=9781612849515/mc.gif&client=summon&freeimage=true |
| thumbnail_s | http://covers-cdn.summon.serialssolutions.com/index.aspx?isbn=9781612849515/sc.gif&client=summon&freeimage=true |