Analysis of Factors of Construction Contract Transaction Cost Based on ISM Model*

DOI

10.2991/essaeme-15.2015.183How to use a DOI?

Keywords

Construction contract;transaction cost;Interpretive structural modeling method

Abstract

Based on ISM (Interpretative Structural Modeling) method, this paper stand in the perspective of construction enterprises,made a structured analysis on factors that affects the large-scale project construction contract transaction costs,and set up a clear hierarchy-structuring relation system.The results indicated that, in the construction contract transaction cost control should be use the contract cost-income ratio as the evaluation criterion, the other factors are controlled to improve the efficiency of the transaction.

Copyright

© 2015, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Hua Liu
AU  - Yaoyao Wang
PY  - 2015/10
DA  - 2015/10
TI  - Analysis of Factors of Construction Contract Transaction Cost Based on ISM Model*
BT  - Proceedings of the 2015 International Conference on Economics, Social Science, Arts, Education and Management Engineering
PB  - Atlantis Press
SP  - 859
EP  - 863
SN  - 2352-5398
UR  - https://doi.org/10.2991/essaeme-15.2015.183
DO  - 10.2991/essaeme-15.2015.183
ID  - Liu2015/10
ER  -