Author
Yongqiang Chen
Other affiliations: Tianjin University
Bio: Yongqiang Chen is an academic researcher from College of Management and Economics. The author has contributed to research in topics: Business & Enforcement. The author has an hindex of 11, co-authored 17 publications receiving 310 citations. Previous affiliations of Yongqiang Chen include Tianjin University.
Papers
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TL;DR: In this article, the effects of uncertainty on the supplier's opportunistic behavior and the moderating effects of contractual complexity are examined, using data from 220 owners and general contractors in the Chinese construction industry.
99 citations
TL;DR: Wang et al. as mentioned in this paper examined how prior interactions affect cooperative behavior, including the effects of prior interactions on cooperative behavior and the mediating role of the contract, and found that increasing contractual coordination emerges from prior interactions, while contractual control and adaptation are not related to these repeated collaborations.
61 citations
59 citations
TL;DR: In this paper, the authors investigated the boundary conditions for the complementation of the two governance mechanisms, i.e., the changing rate of the client's cost of effort is less than or equal to a threshold, and the effect of trust on relational behaviors is path-dependent.
Abstract: Contractual incentive and trust are two commonly used governance mechanisms that help to promote inter-organizational cooperation. Little is known, however, about the boundary conditions for the complementation of these two governance mechanisms. The aim is to investigate the interaction of contractual incentive and trust in promoting inter-organizational cooperation. A three-staged Stackelberg model was established and then solved by backward induction. Research results indicate that contractual incentive can motivate the contractor’s task behaviours, while the effect of trust on relational behaviours is path-dependent. Three levels of factors (intra-organizational, inter-organizational and project factors) would affect the selection of the optimal incentive coefficient. Moreover, when the changing rate of the client’s cost of effort is less than or equal to a threshold, contractual incentive and trust can be complementary. The study contributes to theory by offering nuanced insights into the governance ...
45 citations
42 citations
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Posted Content•
01 Jan 2012
TL;DR: The 2008 crash has left all the established economic doctrines - equilibrium models, real business cycles, disequilibria models - in disarray as discussed by the authors, and a good viewpoint to take bearings anew lies in comparing the post-Great Depression institutions with those emerging from Thatcher and Reagan's economic policies: deregulation, exogenous vs. endoge- nous money, shadow banking vs. Volcker's Rule.
Abstract: The 2008 crash has left all the established economic doctrines - equilibrium models, real business cycles, disequilibria models - in disarray. Part of the problem is due to Smith’s "veil of ignorance": individuals unknowingly pursue society’s interest and, as a result, have no clue as to the macroeconomic effects of their actions: witness the Keynes and Leontief multipliers, the concept of value added, fiat money, Engel’s law and technical progress, to name but a few of the macrofoundations of microeconomics. A good viewpoint to take bearings anew lies in comparing the post-Great Depression institutions with those emerging from Thatcher and Reagan’s economic policies: deregulation, exogenous vs. endoge- nous money, shadow banking vs. Volcker’s Rule. Very simply, the banks, whose lending determined deposits after Roosevelt, and were a public service became private enterprises whose deposits determine lending. These underlay the great moderation preceding 2006, and the subsequent crash.
3,447 citations
TL;DR: In this article, the authors investigated the effects of communication-conflict interaction on the success of construction projects and found that task conflict was positively related to project success, while enhanced communication among teams stimulated the positive effect of task conflict.
160 citations
TL;DR: The recent emergence of blockchains may be considered a critical turning point in organizing collaborations and the historical background and the fundamental features of block chains and pre-blockchains are outlined.
Abstract: The recent emergence of blockchains may be considered a critical turning point in organizing collaborations. We outline the historical background and the fundamental features of blockchains and pre...
144 citations
TL;DR: In this article, a theoretical model explains public-private partnership (PPP) project performance as the result of a mediation process, where both economic incentives and hierarchical relationships formalized in contract agreements require being internalized in working practices by means of informal and socially based mechanisms.
142 citations