@inbook{9dcf29dd2ed74e6fb628f831f8b9d722,
title = "The Power of Incentivisation in Minimising Construction Disputes",
abstract = "The uncertainties found by construction projects render practice of opportunism ex post. Typically, disputes are raised to capitalise on unplanned happenings. This study discusses the role of incentivization in dispute minimization. Through literature review, it was found that unfair treatment of contractual parties is one of the underlying causes of construction disputes. When incentivization serve as ex post (i) reallocation of risks; (ii) investment in relation and (iii) patching perception of fairness, dispute can be minimized. It is therefore suggested that incentivization provide ex post relational governance that moderates ex ante risk and power asymmetry.",
author = "Liuying Zhu and Cheung, {Sai On}",
year = "2022",
doi = "10.1007/978-3-030-80256-1_13",
language = "English",
isbn = "978-3-030-80255-4",
series = "Springer Tracts in Civil Engineering",
publisher = "Springer, Cham",
pages = "331--347",
editor = "Cheung, {Sai On}",
booktitle = "Construction Dispute Research Expanded",
}