Price stability and the business cycle: UK construction bidding patterns 1970-91
Language: English Series: Construction Management & Economics ; 15(1) January 1997, 5-18(14)Publication details: 1997Subject(s): Summary: Discusses the issue of competitive pricing and strategic management in the construction industry. Shows through an analysis of tender patterns between 1970-91 how a market-generated `going rate` is established. Concludes that price levels respond relatively quickly to changing economic conditions. References.| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| Journal article | London Journal article | ABS56556 (Browse shelf(Opens below)) | 1 | Available | 24504-1001 |
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Discusses the issue of competitive pricing and strategic management in the construction industry. Shows through an analysis of tender patterns between 1970-91 how a market-generated `going rate` is established. Concludes that price levels respond relatively quickly to changing economic conditions. References.