The construction industry is now facing unprecedented challenges
resulting from the advances in information technology and
networking through the web. Procurement paradigm of the
construction industry has changed significantly in the last decade.
More and more projects are requiring the contracting parties to
adopt a co-operative attitude for financing, design, project
management and operation integration. This changing face of
procurement requires a total new mode of contracting behavior -
co-operative contracting for maximizing the synergistic effect.
This volume identifies the most critical driver for co-operative
behavior - 'Trust'. Its legal and behavioral implications will be
carefully examined. This book provides a comprehensive discussion
on trust in co-operative contracting. Directed from both management
and legal perspectives with findings supported by empirical
researches, it is hoped that professionals, researchers and
students will find the book interesting.
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