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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), 973-978. |
[2] |
R. Bergmann and G. Friedl, Controlling innovative projects with moral hazard and asymmetric information, Research Policy, 37 (2008), 1504-1514.
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), 357-375. |
[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), 25-47.
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), 04013032.
doi: 10.1061/(ASCE)CO.1943-7862.0000779. |
[6] |
T. S. Clark, A principal-agent theory of en banc review, The Journal of Law, Economics, & Organization, 25 (2009), 55-79.
doi: 10.1093/jleo/ewn008. |
[7] |
C. Eastman, P. Teicholz and R. Sacks, BIM handbook, $2^{nd}$ edition, John Wiley & Sons,Inc., Hoboken, New Jersey, 2010. |
[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), 275-291. |
[9] |
B. Hardin, BIM and Construction Management, John Wiley & Sons,Inc., Hoboken, New Jersey, 2009. |
[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), 12-16. |
[11] |
C. J. Henrik, Understanding adoption and use of bim as the creation of actor networks, Automation in Construction, 1 (2010), 66-72. |
[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), 305-360.
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), 1514-1533.
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), 041145.
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), 405-410.
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), 151-162.
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), 398-403.
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), 6-11. |
[19] |
M. C. Pontes, Agency theory: A framework for analyzing physician services, Health Care Management Review, 20 (1995), 57-67.
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), 204-214.
doi: 10.1016/j.autcon.2012.12.004. |
[21] |
S. Rizal, Changing roles of the clients, architects and contractors through BIM, Engineering, Construction and Architectural Management, 2 (2011), 176-187. |
[22] |
M. Schieg, Strategies for avoiding asymmetric information in construction project management, Journal of Business Economics and Management, 9 (2008), 47-51.
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), 66-75. |
[24] |
C. Sundaramurthy and M. Lewis, Control and collaboration: Paradoxes of governance, Academy of Management Review, 28 (2003), 397-415.
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), 224-244. |
[26] |
R. C. West, A factor-analytic approach to bank condition, Journal of Banking & Finance, 9 (1985), 253-266.
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), 363-376.
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), 35-37. |
[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), 1303-1311.
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), 387-392. |
[31] |
Z. Y. Zhang, On moral hazard of construction project visual organization, Procedia Engineering, 12 (2011), 156-162.
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), 973-978. |
[2] |
R. Bergmann and G. Friedl, Controlling innovative projects with moral hazard and asymmetric information, Research Policy, 37 (2008), 1504-1514.
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), 357-375. |
[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), 25-47.
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), 04013032.
doi: 10.1061/(ASCE)CO.1943-7862.0000779. |
[6] |
T. S. Clark, A principal-agent theory of en banc review, The Journal of Law, Economics, & Organization, 25 (2009), 55-79.
doi: 10.1093/jleo/ewn008. |
[7] |
C. Eastman, P. Teicholz and R. Sacks, BIM handbook, $2^{nd}$ edition, John Wiley & Sons,Inc., Hoboken, New Jersey, 2010. |
[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), 275-291. |
[9] |
B. Hardin, BIM and Construction Management, John Wiley & Sons,Inc., Hoboken, New Jersey, 2009. |
[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), 12-16. |
[11] |
C. J. Henrik, Understanding adoption and use of bim as the creation of actor networks, Automation in Construction, 1 (2010), 66-72. |
[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), 305-360.
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), 1514-1533.
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), 041145.
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), 405-410.
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), 151-162.
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), 398-403.
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), 6-11. |
[19] |
M. C. Pontes, Agency theory: A framework for analyzing physician services, Health Care Management Review, 20 (1995), 57-67.
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), 204-214.
doi: 10.1016/j.autcon.2012.12.004. |
[21] |
S. Rizal, Changing roles of the clients, architects and contractors through BIM, Engineering, Construction and Architectural Management, 2 (2011), 176-187. |
[22] |
M. Schieg, Strategies for avoiding asymmetric information in construction project management, Journal of Business Economics and Management, 9 (2008), 47-51.
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), 66-75. |
[24] |
C. Sundaramurthy and M. Lewis, Control and collaboration: Paradoxes of governance, Academy of Management Review, 28 (2003), 397-415.
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), 224-244. |
[26] |
R. C. West, A factor-analytic approach to bank condition, Journal of Banking & Finance, 9 (1985), 253-266.
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), 363-376.
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), 35-37. |
[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), 1303-1311.
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), 387-392. |
[31] |
Z. Y. Zhang, On moral hazard of construction project visual organization, Procedia Engineering, 12 (2011), 156-162.
doi: 10.1016/j.proeng.2011.05.025. |
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