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《Journal of Chongqing University(Social Science Edition)》 2012-01
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Research on the Risk Allocation Framework in Construction Project from the Perspective of Incomplete Contract

DU Ya-ling,YIN Yi-lin (School of Management,Tianjin University of Technology,Tianjin 300384,P.R.China)  
It is found that risk allocation has been regarded as a static and one-off activity through reviewing a large amount of literature which is concentrating on the level of technology.Therefore,the institutional attribute of risk allocation is weakened or even neglected.In this study,risk allocation in construction project is rethought from the perspective of incomplete contract,which is divided into two associated processes,i.e.the first risk allocation in the contract and risk reallocation during the performance of the contract.The findings indicate that the former is conceived as uncompleted naturally and can regulate the latter,while the latter has the attribute of governance and can complete or adjust the former.The establishment of the risk allocation framework is favorable to exert its inspiriting function in the contract and its governing function during the performance of the contract so that the efficiency and effect of risk allocation in construction project can be improved.
【Fund】: 国家自然科学基金资助项目(71002066 70772058);; 天津市高等学校人文社会科学研究项目(20092132)
【CateGory Index】: F284
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