Abstracts – Browse Results
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Aigbavboa, C, Addo, L Y, Ebekozien, A, Thwala, W D and Arthur-Aidoo, B M (2023) Developing a framework for effective institutional management of Ghana's urban water supply. International Journal of Building Pathology and Adaptation, 41(06), 290-302.
Amoah, C (2023) Quality management framework for government social housing construction in South Africa. International Journal of Building Pathology and Adaptation, 41(06), 217-36.
Amoah, C and Nkosazana, H (2023) Effective management strategies for construction contract disputes. International Journal of Building Pathology and Adaptation, 41(06), 70-84.
Amoah, C and Steyn, D (2023) Barriers to unethical and corrupt practices avoidance in the construction industry. International Journal of Building Pathology and Adaptation, 41(06), 85-101.
Chew, M Y L (2023) Façade inspection for falling objects from tall buildings in Singapore. International Journal of Building Pathology and Adaptation, 41(06), 162-83.
Cole, R J and Jose Valdebenito, M (2013) The importation of building environmental certification systems: international usages of BREEAM and LEED. Building Research & Information, 41(06), 662-76.
Coleman, M J, Irvine, K N, Lemon, M and Shao, L (2013) Promoting behaviour change through personalized energy feedback in offices. Building Research & Information, 41(06), 637-51.
Ebekozien, A and Aigbavboa, C (2023) Evaluation of built environment programmes accreditation in the 21st century education system in Nigeria: stakeholders' perspective. International Journal of Building Pathology and Adaptation, 41(06), 102-18.
Ebekozien, A, Aigbavboa, C and Aliu, J (2023) Built environment academics for 21st-century world of teaching: stakeholders' perspective. International Journal of Building Pathology and Adaptation, 41(06), 119-38.
Ebekozien, A, Aigbavboa, C, Samsurijan, M S, Amadi, G C and Duru, O D S (2023) Moderating effect of Nigerian government policy support on the relationship between project management framework and emerging construction contractors' sustainability. International Journal of Building Pathology and Adaptation, 41(06), 269-89.
Ebekozien, A, Aigbavboa, C, Samsurijan, M S, Rohayati, M I and Malek, N M (2023) Developing a framework for higher education institution building maintenance via soft system methodology. International Journal of Building Pathology and Adaptation, 41(06), 184-200.
Ebekozien, A, Aigbavboa, C, Samsurijan, M S, Salman, A and Amadi, G C (2023) Urban resilience for sustainable homeownership: the role of self-help in the ancient city of Benin, Nigeria. International Journal of Building Pathology and Adaptation, 41(06), 201-16.
Egbelakin, T, Wilkinson, S, Potangaroa, R and Ingham, J (2013) Improving regulatory frameworks for earthquake risk mitigation. Building Research & Information, 41(06), 677-89.
Foulds, C, Powell, J and Seyfang, G (2013) Investigating the performance of everyday domestic practices using building monitoring. Building Research & Information, 41(06), 622-36.
Giddings, B, Sharma, M, Jones, P and Jensen, P (2013) An evaluation tool for design quality: PFI sheltered housing. Building Research & Information, 41(06), 690-705.
Hamida, M B, Jylhä, T, Remøy, H and Gruis, V (2023) Circular building adaptability and its determinants – A literature review. International Journal of Building Pathology and Adaptation, 41(06), 47-69.
Ikuabe, M, Aigbavboa, C and Kissi, E (2023) Potential applications and benefits of humanoids in the construction industry: a South African perspective. International Journal of Building Pathology and Adaptation, 41(06), 254-68.
Ilgın, H E (2023) A study on interrelations of structural systems and main planning considerations in contemporary supertall buildings. International Journal of Building Pathology and Adaptation, 41(06), 1-25.
Ilgın, H E (2023) An analysis of space efficiency in Asian supertall towers. International Journal of Building Pathology and Adaptation, 41(06), 237-53.
Ilgın, H E (2023) Interrelations of slenderness ratio and main design criteria in supertall buildings. International Journal of Building Pathology and Adaptation, 41(06), 139-61.
Ilgın, H E, Karjalainen, M and Pelsmakers, S (2023) Contemporary tall residential timber buildings: what are the main architectural and structural design considerations?. International Journal of Building Pathology and Adaptation, 41(06), 26-46.
Ludvig, K, Stenberg, A-C and Gluch, P (2013) The value of communicative skills for developing an energy strategy. Building Research & Information, 41(06), 611-21.
Ma, Q, Cheung, S O and Li, S (2023) Optimum risk/reward sharing framework to incentivize integrated project delivery adoption. Construction Management and Economics, 41(06), 519–35.
- Type: Journal Article
- Keywords: Risk/reward sharing incentive; integrated project delivery; stochastic cooperative game theory; prospect theory;
- ISBN/ISSN: 0144-6193
- URL: https://doi.org/10.1080/01446193.2023.2169316
- Abstract:
The major benefit of integrated project delivery (IPD) is the involvement of stakeholders at the early stage of the project so that they can all contribute to project development. They would also work cooperatively towards the project goals that they have jointly developed. Moreover, IPD has not taken the market as promised by the aforementioned benefits due to two principal concerns. First, the conventional risk/reward sharing that has been developed for the principal-agent type of relationship has been used. Second, the reward has not been tailored to reflect the stochastic nature of the risks involved. This study proposes a novel risk/reward sharing framework that would alleviate these two concerns. Employing stochastic cooperative game theory and prospect theory as conceptual lenses, a more realistic risk/reward sharing framework is developed for IPD projects. The use of Pareto optimality enables the proposed framework to arrange incentives optimally with due regard to the risk propensity of the contracting parties. Setting the notional sharing approach as a fair starting point, the framework further introduces transfer payments to ensure fairness and retain optimum sharing at the same time. Both features would facilitate the structuring of multi-win sharing incentive to be incorporated with integrated project delivery. The operation of the proposed framework is illustrated by applying it to a real case. Wider adoption of IPD can be expected when the two principal concerns of IPD arrangements are addressed.
Michieka, N M, Razek, N H A and Gearhart, R S (2023) Modelling the impact of oil price changes and investment decisions on construction wages in the U.S.. Construction Management and Economics, 41(06), 500–18.
Nielsen, K J, Törner, M, Pousette, A and Grill, M (2023) National culture and occupational safety – a comparison of worker-level factors impacting safety for Danish and Swedish construction workers. Construction Management and Economics, 41(06), 445–56.
Pérez-Bella, J M, Domínguez-Hernández, J, Rodríguez-Soria, B, del Coz-Díaz, J J, Cano-Suñén, E and Navarro-Manso, A (2013) An extended method for comparing watertightness tests for facades. Building Research & Information, 41(06), 706-21.
Pitts, A and Liao, H (2013) An assessment technique for the evaluation and promotion of sustainable Olympic design and urban development. Building Research & Information, 41(06), 722-34.
Tezel, A and Koskela, L (2023) Off-site construction in highways projects: management, technical, and technology perspectives from the United Kingdom. Construction Management and Economics, 41(06), 475–99.
Tillson, A-A, Oreszczyn, T and Palmer, J (2013) Assessing impacts of summertime overheating: some adaptation strategies. Building Research & Information, 41(06), 652-61.
Vosman, L, Coenen, T B J, Volker, L and Visscher, K (2023) Collaboration and innovation beyond project boundaries: exploring the potential of an ecosystem perspective in the infrastructure sector. Construction Management and Economics, 41(06), 457–74.