Yates, D J and Hardcastle, C (2002) The causes of conflict and disputes in construction: A transaction cost economics perspective. Journal of Financial Management of Property and Construction, 7(2), pp. 115-126. ISSN 1366-4387
Abstract
Conflict and disputes continue to abound in the construction industry. Much has been written on the issue but little achieved in understanding their causes. If clients had a sound understanding of the factors that cause conflict and disputes they could take appropriate avoidance measures. An interpretative model or framework is needed that would enable the causative factors to be identified and analysed. This paper proposes such an interpretative framework based on transaction cost economics theory. The practical viability of the framework is illustrated through two case studies of Hong Kong construction projects.
| Item Type: | Article |
|---|---|
| Uncontrolled Keywords: | causes of conflict, claims, disputes, transaction cost economics |
| Index terms: | transaction cost, construction project, dispute, case study, Hong Kong, construction industry |
| Subjects: | Geography, production management, financial analysis, industry analysis, data collection methods, dispute resolution |
| Topics: | Project Management, Geographical Context, Legal Issues, Research Practice, Cost Management |
| Descriptive scope: | 3 PTE |
N.B. Descriptive scope is a count of how many of the five facets of empirical research are indicated by the words used in title, abstract and keywords. It is not intended as a judgement on the research; merely a count of the kind of word we would expect to indicate Phenomenon, Concepts, Theoretical framing, Empirical techniques, Analytical techniques. If all five are present, then a code of “5 PCTEA” will indicate this. If you feel the coding for this record is questionable, we welcome discussion around the terms we matched or the way we categorized them. The facet you would expect may not be coded, or a facet may be coded inappropriately. This can also bear on a larger question, of which facets should be treated as defining in construction management research. Please get in touch, and we will look at it. More details here