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Person

Igor Anokhov

Alternate Name:
I. Anokhov
Journal article

Overcoming information asymmetry in the construction industry based on open and closed contractor activity data

The purpose of the research is to find measures to reduce information asymmetry which significantly affects the relationship between customer and contractor, leading to higher prices for construction work and enhanced opportunism. The most effective level of interaction is ethical, as it significantly reduces information asymmetry as well as attendant costs.

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