An Empirical Study on Risk Allocation Preference and Potential Disputes of Risk Allocation

DOI

10.2991/ifmeita-16.2016.47How to use a DOI?

Keywords

Risk Allocation, Risk Allocation Preference, Potential Disputes, Empirical Study

Abstract

The cognitive differences of different participants on risk allocation preference (RAP) will cause the potential disputes of risk allocation. By questionnaire surveying, the datum of actual RA scheme and its RAP were collected among the owners, the contractors and consultants. The statistical analysis results show that there are higher level consistency between the actual RA and RAP, but the contractors bears too much risks as usual; and for some project risks, the RAP of the owners is different with the contractors’ significantly, which results in the contract disputes usually.

Copyright

© 2016, 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 Zhao
AU  - Hui-Jie Jiang
AU  - Li-Feng Zhang
PY  - 2016/01
DA  - 2016/01
TI  - An Empirical Study on Risk Allocation Preference and Potential Disputes of Risk Allocation
BT  - Proceedings of the 2016 International Forum on Management, Education and Information Technology Application
PB  - Atlantis Press
SP  - 250
EP  - 253
SN  - 2352-5398
UR  - https://doi.org/10.2991/ifmeita-16.2016.47
DO  - 10.2991/ifmeita-16.2016.47
ID  - Zhao2016/01
ER  -