Skitmore, Martin; Runeson, Goran; Chang, Xinling - In: Construction Management and Economics 24 (2006) 7, pp. 773-783
Neo-classical microeconomic theory has been suggested to offer (1) an appropriate analytical tool for construction price determination while, at the same time, (2) full-cost pricing is most commonly accepted pricing policy of construction firms. Paradoxically, however, both are mutually...