Mahdi Rezaie

[ 1 ] - System Dynamics Aproach For Quantitative Risk Allocaion

Allocation of construction risks between clients and their contractors has a significant impact on the total construction costs. This paper presents a system dynamics (SD)-based approach for quantitative risk allocation. Using the proposed SD based approach, all the factors affecting the risk allocation process are modeled. The contractor’s defensive strategies against the one-sided risk alloca...