ScholarLens Back to search
2015•Unpublished venueOpen access

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

Hua Liu, Yaoyao Wang

Open full text 0 citations

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.

Open-access reader

About this research paper

What this paper is about

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.

Why it matters

A significance statement is not available in the OpenAlex record.

Key contribution

A contribution statement is not available in the OpenAlex record.

Method / approach

Method details are not available in the OpenAlex metadata.

Main findings

Findings are not separately available in the OpenAlex metadata.

Limitations

Limitations are not available in the OpenAlex metadata.

Applications

Application details are not available in the OpenAlex metadata.

Available 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.

Key concepts: Structuring, Transaction cost, Database transaction, Hierarchy, Relation (database), Computer science, Set (abstract data type), Contract management

Related papers

Related paper 1Related paper 2Related paper 3
Back to paper searchBrowse research topicsOriginal source
Analysis of Factors of Construction Contract Transaction Cost Based on ISM Model* — Research Paper | ScholarLens