Quantification of contractor risk

Clifford W. Marshall

Naval Research Logistics Quarterly, 1969, vol. 16, issue 4, 531-541

Abstract: This paper presents a quantitative index of the level of risk assumed by a contractor in various contract type situations. The definition includes expression of real world uncertainty and contractor's utility for money. Examples are given for the major contract types and special applications are discussed.

Date: 1969
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https://doi.org/10.1002/nav.3800160408

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Persistent link: https://EconPapers.repec.org/RePEc:wly:navlog:v:16:y:1969:i:4:p:531-541

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