Analysis of Conspiracies between Contractors and Supervisors in Constructions
Owners, contractors and supervisors are key members included in construction projects. There are two kinds of principal-agent relationships among the three parties. Out of the consideration of maximizing the interests of owners, the author of this article integrates the three parties--owners, contractors and supervisors into a mathematical model, designs corresponding anti-conspiracy constraint method to prevent the conspiracy act of contractors and supervisors, and studies the game relationship among the three parties--owners, contractors and supervisors using the principal - agent theory.
Dongye Sun, Wen-Pei Sung and Ran Chen
L. Zhao and S. Zhong, "Analysis of Conspiracies between Contractors and Supervisors in Constructions", Applied Mechanics and Materials, Vols. 121-126, pp. 4386-4390, 2012