Abstract
Decision making skills with a wide range of decision scenario are relevant to the members of construction supply chain as decision making processes are essential to be understood in ensuring the success of a building project. Currently, there are likely that few decisional issues in the application of Industrialized Building Systems (IBS) require the invention of a completely new dimension and outlook. There is an increasing use of IBS to substitute conventional construction methods in Malaysia, however, the use of IBS technology is often resisted, apparently on grounds other than simply technological. The aim of this chapter is to present the influence of behavioral economic factors on IBS decision making as perceived by IBS supply chain members in Malaysia. Conclusions are drawn and recommendations are made with respect to the perception of behavioral aspects, socio-economic and IBS technology associated with building projects.
Keywords
This is a preview of subscription content, log in via an institution.
Buying options
Tax calculation will be finalised at checkout
Purchases are for personal use only
Learn about institutional subscriptionsReferences
CIDB (2007) IBS digest at Malbex in IBS digest, Special issues on 24th Malaysian international building: construction industry development board (CIDB)
CIDB (2010) Industrialized building system (IBS) roadmap 2011–2015. Construction Industry Development Board (CIDB), Kuala Lumpur
Zakaria SAS, Brewer G, Gajendran T (2012) Behavioral economics perspective in exploring the decision making of industrialized building systems in Malaysia. Lecture notes in engineering and computer science: proceedings of the world congress on engineering 2012, WCE 2012, UK, London, pp 1421–1426, 4–6 July 2012
Kadir MRA, Lee WP, Jaafar MS, Sapuan SM, Ali AAA (2006) Construction performance comparison between conventional and industrialized building systems. Malays Struct Surv 24(5):412–424
Camerer C (1988) Bounded rationality in individual decision making. Exp Econ 1:163–183
Agus MA (2002) The role of state and market in the Malaysian housing sector. J Hous Built Environ 17:49–67
Abdullah MR, Egbu C (2010) Selection criteria framework for choosing industrialized building systems for housing projects. In: Proceedings of the 26th annual ARCOM conferenc,. Leeds, UK, pp 1131–1139
Gomez CP (2006) Reconceptualizing the management of technology in construction: a Malaysian perspective. In: Proceedings of the 22th annual ARCOM conference, Leeds, UK, pp 781–788
Zakaria SAS, Brewer G, Gajendran T (2012) Contextual factors in the decision making of industrialized building system technology. World Acad Sci Eng Technol 67:489–497
Gupta VK, Fisher DJ, Murtaza MB (1996) A consortium sponsored knowledge-based system for managerial decision making in industrial construction. Interfaces 26(6):9–23
Singh H, Petersen LA, Thomas EJ (2010) Understanding diagnostic errors in medicine: a lesson from aviation. Qual Saf Health Care 15:159–164
Fredholm L (1997) Decision making in major fire fighting and rescue operation. In: Fin R, Salas E, Strub M, Martin L (eds) Decision making under stress. Ashgate Publishing, England
Kerstholt JH (1997) Dynamic decision making in situations. In: Fin R, Salas E, Strub M, Martin L (eds) Decision making under stress. Ashgate Publishing, England
Sarafino EP (1996) Principles of behaviour change. Wiley, New York
Svenson O (1992) Differentiation and consolidation theory of human decision making: a frame of reference for the study of pre- and post-decision processes. Acta Psychol 80:143–168
Steward N, Charter N, Baron GDA (2006) Decision by sampling. Cogn Psychol 53:1–26
Loewenstein GF, Bazerman MH, Thompson L (1989) Social utility and decision making in interpersonal contexts. J Pers Soc Psychol 57(3):426–441
Montague PR, King-Kasas B, Cohen JD (2006) Imaging valuation models in human choice. Ann Rev Neurosci 29:417–448
Kahneman D, Tversky A (1984) Choices, values and frames. Am Psychol 39:341–350
DellaVigna S (2009) Psychology and economics: evidence from the field. J Econ Lit 47:315–372
Lambert DM, Coopers MC (2000) Issues in supply chain management. Ind Mark Manag 29(1):65–83
Faizul NA (2006) Supply chain management in construction industry, Malaysian international IBS exhibition, MIIE 2006, Kuala Lumpur, Malaysia, 21–24 Nov 2006
Onyeizu EN, Bakar AHA (2011) Assessing key factors in design in the industrial building systems (IBS) approach: stakeholders’ opinion in Malaysia. Int J Acad Res 3(4):168–175
Kamar KAM, Hamid ZA (2011) Supply chain strategy for contractor in adopting industrialized building system (IBS). Aust J Basic Appl Sci 5(12):2552–2557
Shukor ASA, Mohammad MF, Mahbub R, Ismail F (2011) Supply chain integration in industralised Building System in the Malaysian construction industry. Built Hum Environ Rev 4(1):108–121
Zakaria SAS, Brewer G, Gajendran T (2011) Psychology in the decision making of industrialized building systems (IBS): a field of application. In: Proceedings of the international academic forum of Asian conference on psychology and behavioral science, ACP, Osaka, Japan, pp 68–78, 20–22 March 2011
Acknowledgments
S. A. S. Zakaria: Author thanks Universiti Sains Malaysia for the scholarship of this study and University of Newcastle, Australia for the support.
Author information
Authors and Affiliations
Corresponding author
Editor information
Editors and Affiliations
Rights and permissions
Copyright information
© 2013 Springer Science+Business Media Dordrecht
About this chapter
Cite this chapter
Zakaria, S.A.S., Brewer, G., Gajendran, T. (2013). Decision Making of Industrialized Building System: A Supply Chain Perspective on the Influence of Behavioral Economic Factors. In: Yang, GC., Ao, Sl., Gelman, L. (eds) IAENG Transactions on Engineering Technologies. Lecture Notes in Electrical Engineering, vol 229. Springer, Dordrecht. https://doi.org/10.1007/978-94-007-6190-2_58
Download citation
DOI: https://doi.org/10.1007/978-94-007-6190-2_58
Published:
Publisher Name: Springer, Dordrecht
Print ISBN: 978-94-007-6189-6
Online ISBN: 978-94-007-6190-2
eBook Packages: EngineeringEngineering (R0)