The dynamics of adversarial relations

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The attempts by clients to manage the problem of moral hazzard and to reduce the scope of opportunistic behaviour by the contractor have the tendency to generate vicious circles of adversarial behaviour between parties.[1]. The dynamic of adversarial relartions created by the client's desire to get the 'best deal', can generate an escalation of the transaction costs while the costs of production seem to be pushed down. [2].


References

  1. Winch, Graham M., Wiley-Blackwell, (2010) "Managing Construction Projects, 2nd edition "
  2. Curtis, B., Ward, S. and Chapman, C., CIRIA, (1989) "Roles, Responsibilities and Risks in Management Contracting "
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