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...

in this study, a model of optimal allocation of subsidy was developed based on the microeconomic optimization theory. the model was evaluated by applying to premium subsidy allocation to the cereal crops’ (corn, rain fed barley and wheat, and irrigated barley and wheat) insurance in iran. in developing the model, it was assumed that, policymaker on behalf of society, follows a social utility ma...