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Title:

AN OVERVIEW OF INCENTIVES AND DISINCENTIVES

Accession Number:

00618792

Record Type:

Component

Availability:

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Order URL: http://worldcat.org/issn/00978515

Abstract:

This paper discusses incentives and disincentives in the construction industry. Incentives are defined as soft (intangible) or hard (tangible). Examples of soft incentives are participation, creativity, and recognition; and soft disincentives are idleness, boredom, and opprobrium. Examples of hard incentives are profit, growth, and rewards; and hard disincentives are loss, atrophy, and bankruptcy. The discussion includes explanations of bonus systems, incentive payments, cost control programs, the role of incentives, contractor performance incentives, and bonuses for quality.

Supplemental Notes:

This paper appears in Transportation Research Circular No. 386, Innovative Contracting Practice. Distribution, posting, or copying of this PDF is strictly prohibited without written permission of the Transportation Research Board of the National Academy of Sciences. Unless otherwise indicated, all materials in this PDF are copyrighted by the National Academy of Sciences. Copyright © National Academy of Sciences. All rights reserved.

Corporate Authors:

Transportation Research Board

500 Fifth Street, NW
Washington, DC 20001 United States

Authors:

Riley, O

Pagination:

p. 57-64

Publication Date:

1991-12

Serial:

Transportation Research Circular

Issue Number: 386
Publisher: Transportation Research Board
ISSN: 0097-8515

Media Type:

Digital/other

Features:

Figures (1) ; Tables (1)

Uncontrolled Terms:

Bonus system; Quality

Subject Areas:

Administration and Management; Construction; Highways; I10: Economics and Administration; I50: Construction and Supervision of Construction

Files:

TRIS, TRB

Created Date:

Jan 31 1992 12:00AM

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