Communication risk is of crucial importance in construction projects. The situation in which one of the project parties is better informed than another is known as information asymmetry. This problem is addressed by the principal-agent theory. According to this theory, information asymmetries...

Cover -- EDITORIAL ADVISORY BOARD -- Guest editorial -- Predicting sustainability assessment at early facilities design phase -- Impact of facilities maintenance on user satisfaction -- The impact of public investments in facilities on the potential housing market for older persons -- Measuring...

1. Research background -- 2. Why trust matters in construction projects -- 3. The new institutional economics -- 4. The role of project managers in construction projects -- 5. The role of trust in construction projects -- 6. Research framework for the study of trust in construction projects --...