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A multidimensional information model for managing construction information
The interaction between BIM's promotion and interest game under information asymmetry
1. | No.1239, Siping Road, Yangpu District, Shanghai, 200092, China, China |
References:
[1] |
O. Al-Sobiei, D. Arditi and G. Polat, Managing owner's risk of contractor default,, Journal of Construction Engineering and Management, 131 (2005), 973. Google Scholar |
[2] |
R. Bergmann and G. Friedl, Controlling innovative projects with moral hazard and asymmetric information,, Research Policy, 37 (2008), 1504.
doi: 10.1016/j.respol.2008.05.004. |
[3] |
S. Bilal, Building information modeling framework: A research and delivery foundation for industry stakeholders,, Automation in Construction, 18 (2009), 357. Google Scholar |
[4] |
R. Caers, C. D. Bois, M. Jegers, S. D. Gieter, C. Schepers and R. Pepermans, Principal-agent relationships on the stewardship -agency axis,, Nonprofit Management and Leadership, 17 (2006), 25.
doi: 10.1002/nml.129. |
[5] |
C. Chang, Principal-agent model of risk allocation in construction contracts and its critique,, Journal of Construction Engineering and Management, 140 (2014).
doi: 10.1061/(ASCE)CO.1943-7862.0000779. |
[6] |
T. S. Clark, A principal-agent theory of en banc review,, The Journal of Law, 25 (2009), 55.
doi: 10.1093/jleo/ewn008. |
[7] |
C. Eastman, P. Teicholz and R. Sacks, BIM handbook,, $2^{nd}$ edition, (2010). Google Scholar |
[8] |
F. Firoozi, D. R. Hollas, R. C. Rutherford and T. A. Thomson, Property assessments and information asymmetry in residential real estate,, The Journal of Real Estate Research, 3 (2006), 275. Google Scholar |
[9] |
B. Hardin, BIM and Construction Management,, John Wiley & Sons, (2009). Google Scholar |
[10] |
Q. H. He, L. L. Qian, Y. F. Duan and Y. K. Li, Current situation and barriers of BIM implementation,, Journal of Engineering Management, 1 (2012), 12. Google Scholar |
[11] |
C. J. Henrik, Understanding adoption and use of bim as the creation of actor networks,, Automation in Construction, 1 (2010), 66. Google Scholar |
[12] |
M. C. Jensen and W. H. Meckling, Theory of the firm: Managerial behavior, agency cost and ownership structure,, Journal of Financial Economics, 3 (1976), 305.
doi: 10.1016/0304-405X(76)90026-X. |
[13] |
C. Kesera and M. Willingerb, Theories of behavior in principal-agent relationships with hidden action,, European Economic Review, 51 (2007), 1514.
doi: 10.1016/j.euroecorev.2006.10.007. |
[14] |
A. Kianercy and A. Galstyan, Dynamics of Boltzmann Q learning in two-player two-action games,, Physical Review E, 85 (2012).
doi: 10.1103/PhysRevE.85.041145. |
[15] |
J. Liang and S. Q. Cai, Quantificational study on information asymmetry based on information cognition,, IEEE International Conference on Industrial Informatics, (2006), 405.
doi: 10.1109/INDIN.2006.275834. |
[16] |
C. M. Macal and M. J. North, Tutorial on agent-based modelling and simulation,, Journal of Simulation, 4 (2010), 151.
doi: 10.1109/WSC.2005.1574234. |
[17] |
R. Müller and J. R. Turner, The impact of principal-agent relationship and contract type on communication between project owner and manager,, International Journal of Project Management, 23 (2005), 398.
doi: 10.1016/j.ijproman.2005.03.001. |
[18] |
J. Y. Pan and Y. Y. Zhao, Research on Barriers of BIM application in china's building industry,, Journal of Engineering Management, 1 (2011), 6. Google Scholar |
[19] |
M. C. Pontes, Agency theory: A framework for analyzing physician services,, Health Care Management Review, 20 (1995), 57.
doi: 10.1097/00004010-199523000-00010. |
[20] |
A. Porwala and K. N. Hewage, Building information modeling (BIM) partnering framework for public construction projects,, Automation in Construction, 31 (2013), 204.
doi: 10.1016/j.autcon.2012.12.004. |
[21] |
S. Rizal, Changing roles of the clients, architects and contractors through BIM,, Engineering, 2 (2011), 176. Google Scholar |
[22] |
M. Schieg, Strategies for avoiding asymmetric information in construction project management,, Journal of Business Economics and Management, 9 (2008), 47.
doi: 10.3846/1611-1699.2008.9.47-51. |
[23] |
R. Seunjiun, A. Zeeshan and P. Feniosky, An object-based 3D walk-through model for interior construction progress monitoring,, Automation in Construction, 20 (2011), 66. Google Scholar |
[24] |
C. Sundaramurthy and M. Lewis, Control and collaboration: Paradoxes of governance,, Academy of Management Review, 28 (2003), 397.
doi: 10.2307/30040729. |
[25] |
C. Tomo, Review and outlook for a 'building information model' (BIM): A Multi-standpoint framework for technological development,, Advanced Engineering Informatics, 25 (2011), 224. Google Scholar |
[26] |
R. C. West, A factor-analytic approach to bank condition,, Journal of Banking & Finance, 9 (1985), 253.
doi: 10.1016/0378-4266(85)90021-4. |
[27] |
J. Worsham and J. Gatrell, Multiple principals, multiple signals: A signaling approach to principal-agent relations,, The Policy Studies Journal, 33 (2005), 363.
doi: 10.1111/j.1541-0072.2005.00120.x. |
[28] |
W. Wu, R. A. Raja and J. Y. Pan, The status of BIM application in china's AEC industry,, Journal of Building Information Modeling, (2010), 35. Google Scholar |
[29] |
P. Xiang, J. Zhou, X. Y. Zhou and K. H. Ye, Construction project risk management based on the view of asymmetric information,, Journal of Construction Engineering and Management, 138 (2012), 1303.
doi: 10.1061/(ASCE)CO.1943-7862.0000548. |
[30] |
J. X. Zhang, Study on barriers of implementing bim in engineering design industry in china,, Journal of Engineering Management, 4 (2010), 387. Google Scholar |
[31] |
Z. Y. Zhang, On moral hazard of construction project visual organization,, Procedia Engineering, 12 (2011), 156.
doi: 10.1016/j.proeng.2011.05.025. |
show all references
References:
[1] |
O. Al-Sobiei, D. Arditi and G. Polat, Managing owner's risk of contractor default,, Journal of Construction Engineering and Management, 131 (2005), 973. Google Scholar |
[2] |
R. Bergmann and G. Friedl, Controlling innovative projects with moral hazard and asymmetric information,, Research Policy, 37 (2008), 1504.
doi: 10.1016/j.respol.2008.05.004. |
[3] |
S. Bilal, Building information modeling framework: A research and delivery foundation for industry stakeholders,, Automation in Construction, 18 (2009), 357. Google Scholar |
[4] |
R. Caers, C. D. Bois, M. Jegers, S. D. Gieter, C. Schepers and R. Pepermans, Principal-agent relationships on the stewardship -agency axis,, Nonprofit Management and Leadership, 17 (2006), 25.
doi: 10.1002/nml.129. |
[5] |
C. Chang, Principal-agent model of risk allocation in construction contracts and its critique,, Journal of Construction Engineering and Management, 140 (2014).
doi: 10.1061/(ASCE)CO.1943-7862.0000779. |
[6] |
T. S. Clark, A principal-agent theory of en banc review,, The Journal of Law, 25 (2009), 55.
doi: 10.1093/jleo/ewn008. |
[7] |
C. Eastman, P. Teicholz and R. Sacks, BIM handbook,, $2^{nd}$ edition, (2010). Google Scholar |
[8] |
F. Firoozi, D. R. Hollas, R. C. Rutherford and T. A. Thomson, Property assessments and information asymmetry in residential real estate,, The Journal of Real Estate Research, 3 (2006), 275. Google Scholar |
[9] |
B. Hardin, BIM and Construction Management,, John Wiley & Sons, (2009). Google Scholar |
[10] |
Q. H. He, L. L. Qian, Y. F. Duan and Y. K. Li, Current situation and barriers of BIM implementation,, Journal of Engineering Management, 1 (2012), 12. Google Scholar |
[11] |
C. J. Henrik, Understanding adoption and use of bim as the creation of actor networks,, Automation in Construction, 1 (2010), 66. Google Scholar |
[12] |
M. C. Jensen and W. H. Meckling, Theory of the firm: Managerial behavior, agency cost and ownership structure,, Journal of Financial Economics, 3 (1976), 305.
doi: 10.1016/0304-405X(76)90026-X. |
[13] |
C. Kesera and M. Willingerb, Theories of behavior in principal-agent relationships with hidden action,, European Economic Review, 51 (2007), 1514.
doi: 10.1016/j.euroecorev.2006.10.007. |
[14] |
A. Kianercy and A. Galstyan, Dynamics of Boltzmann Q learning in two-player two-action games,, Physical Review E, 85 (2012).
doi: 10.1103/PhysRevE.85.041145. |
[15] |
J. Liang and S. Q. Cai, Quantificational study on information asymmetry based on information cognition,, IEEE International Conference on Industrial Informatics, (2006), 405.
doi: 10.1109/INDIN.2006.275834. |
[16] |
C. M. Macal and M. J. North, Tutorial on agent-based modelling and simulation,, Journal of Simulation, 4 (2010), 151.
doi: 10.1109/WSC.2005.1574234. |
[17] |
R. Müller and J. R. Turner, The impact of principal-agent relationship and contract type on communication between project owner and manager,, International Journal of Project Management, 23 (2005), 398.
doi: 10.1016/j.ijproman.2005.03.001. |
[18] |
J. Y. Pan and Y. Y. Zhao, Research on Barriers of BIM application in china's building industry,, Journal of Engineering Management, 1 (2011), 6. Google Scholar |
[19] |
M. C. Pontes, Agency theory: A framework for analyzing physician services,, Health Care Management Review, 20 (1995), 57.
doi: 10.1097/00004010-199523000-00010. |
[20] |
A. Porwala and K. N. Hewage, Building information modeling (BIM) partnering framework for public construction projects,, Automation in Construction, 31 (2013), 204.
doi: 10.1016/j.autcon.2012.12.004. |
[21] |
S. Rizal, Changing roles of the clients, architects and contractors through BIM,, Engineering, 2 (2011), 176. Google Scholar |
[22] |
M. Schieg, Strategies for avoiding asymmetric information in construction project management,, Journal of Business Economics and Management, 9 (2008), 47.
doi: 10.3846/1611-1699.2008.9.47-51. |
[23] |
R. Seunjiun, A. Zeeshan and P. Feniosky, An object-based 3D walk-through model for interior construction progress monitoring,, Automation in Construction, 20 (2011), 66. Google Scholar |
[24] |
C. Sundaramurthy and M. Lewis, Control and collaboration: Paradoxes of governance,, Academy of Management Review, 28 (2003), 397.
doi: 10.2307/30040729. |
[25] |
C. Tomo, Review and outlook for a 'building information model' (BIM): A Multi-standpoint framework for technological development,, Advanced Engineering Informatics, 25 (2011), 224. Google Scholar |
[26] |
R. C. West, A factor-analytic approach to bank condition,, Journal of Banking & Finance, 9 (1985), 253.
doi: 10.1016/0378-4266(85)90021-4. |
[27] |
J. Worsham and J. Gatrell, Multiple principals, multiple signals: A signaling approach to principal-agent relations,, The Policy Studies Journal, 33 (2005), 363.
doi: 10.1111/j.1541-0072.2005.00120.x. |
[28] |
W. Wu, R. A. Raja and J. Y. Pan, The status of BIM application in china's AEC industry,, Journal of Building Information Modeling, (2010), 35. Google Scholar |
[29] |
P. Xiang, J. Zhou, X. Y. Zhou and K. H. Ye, Construction project risk management based on the view of asymmetric information,, Journal of Construction Engineering and Management, 138 (2012), 1303.
doi: 10.1061/(ASCE)CO.1943-7862.0000548. |
[30] |
J. X. Zhang, Study on barriers of implementing bim in engineering design industry in china,, Journal of Engineering Management, 4 (2010), 387. Google Scholar |
[31] |
Z. Y. Zhang, On moral hazard of construction project visual organization,, Procedia Engineering, 12 (2011), 156.
doi: 10.1016/j.proeng.2011.05.025. |
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