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The Contractor's Incentive Management Based on Interface Payment for the Owner

Yi Tao, Chengchen Xiao, Xiaming Liu

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Abstract

Based on the maximum interest of the owner and contractor, this paper introduced mental accounting theory and the principle of timely incentive, and made use of which in the interface payment incentive management to the contractor ; in order to make sure of the incentive time and payment to achieve the greatest incentive effect to the contractor, this paper focused on a psychological point of view by building incentive model to make the two parties win-win.

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What this paper is about

Based on the maximum interest of the owner and contractor, this paper introduced mental accounting theory and the principle of timely incentive, and made use of which in the interface payment incentive management to the contractor ; in order to make sure of the incentive time and payment to achieve the greatest incentive effect to the contractor, this paper focused on a psychological point of view by building incentive model to make the two parties win-win.

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Available abstract

Based on the maximum interest of the owner and contractor, this paper introduced mental accounting theory and the principle of timely incentive, and made use of which in the interface payment incentive management to the contractor ; in order to make sure of the incentive time and payment to achieve the greatest incentive effect to the contractor, this paper focused on a psychological point of view by building incentive model to make the two parties win-win.

Key concepts: Incentive, Payment, Order (exchange), Point (geometry), Business, Interface (matter), Incentive program, Computer science

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