In this paper, we extend the class of problenis t h a t can be effcrtively m n piled by parallelizing compilers. This is accornplislictl with the doconsider coi l st ruct which would allow these compilers t o paralldizc~ many prohlcnis i n \v l i i t 11 siil)staiitial loop-lcvel parallelisin is available h i t cattnot bc tlctcctctl hy staiitl;irtl corn pile-t iriie analysis. \Ire describe and e...

In government procurement auctions, eligibility requirements are often imposed and, perhaps not surprisingly, contracts generally have a small number of participating bidders. To understand the effects of the restrictions of competition on the total cost of government procurement, we develop, identify, and estimate a principal-agent model in which the government selects a contractor to undertak...

Cash flow, Markov chains, contractor payment, owner classification

Proven supply chain management techniques hold much promise for the further development of construction as an industry, in terms of gaining efficiencies and streamlining processes. Because construction processes rely so heavily on people working together, examining new ways that participants on a project communicate and form relationships is vital to the advancement of the construction industry...

The paper discusses the specific conditions under which the likelihood of contractual hazards is reduced and organizational equilibrium is ensured between the two parties of a contingent employment relationship: the highly-skilled contractor and his/her client-firm. In particular, it identifies the institutional norms, technical affordances, legal jurisdictions and social formations, as the con...

Predicting the performance of the contractor is very important for both the contractor and the owner especially in highly competitive markets. The research presented in this paper offers a new model for contractor performance prediction. The model developed here utilizes qualitative as well as previously unconsidered quantitative measures about the contractors’ performance. The model makes use ...

The aim of this article is to propose a solution to the principal-agent problem arising in construction contracts. The inability to write complete and enforceable contracts gives the contractor the opportunity to earn by cheating. The ultimate method to deal with this problem is to design a contractual mechanism that would stop a self-interested contractor from taking benefit resulting from any...

This paper considers a call center outsourcing contract analysis and choice problem, faced by a contractor and a service provider. The service provider receives an uncertain call volume over multiple-periods, and is considering outsourcing all or part of these calls to a contractor. Each call brings in a fixed revenue to the service provider. Answering calls requires having service capacity, th...