Institutional-Repository, University of Moratuwa.  

Beyond barriers: exploring the considerations hindering the adoption of green construction From a behavioural economics perspective

Show simple item record

dc.contributor.author Hammond, SF
dc.contributor.author Gajendran, T
dc.contributor.author Maund, K
dc.contributor.author Savage, DA
dc.date.accessioned 2019-10-28T09:56:21Z
dc.date.available 2019-10-28T09:56:21Z
dc.identifier.uri http://dl.lib.mrt.ac.lk/handle/123/15251
dc.description.abstract Several academic researchers have investigated the barriers inhibiting the adoption of green construction. Numerous interventions including raising awareness through educational forums, monitoring and enforcement programmes, and financial incentives have been recommended as strategies to encourage the wider adoption of green construction. However, most of these interventions have failed to address the low adoption of green construction. This raises the question ‘Why’? Drawing on the insights from Behavioural Economics, specifically Game Theory and Prospect Theory, and the broad social sciences, it is proposed that it is at the individual level of choice that building construction stakeholders are reluctant to adopt green construction, and building construction stakeholders’ decision-making is influenced by the confluence of ‘elements’ which bring about the tendency for them to prefer non-adoption to adoption. Following this, this paper aimed at exploring the ‘considerations’ that can underlie the tendency for building construction stakeholders to prefer non-adoption to adoption through a literature review. Four key considerations were found. They are dilemma concern, trust in others’ actions, fear of being a sucker, and short-term self-interest. It is concluded that, when given empirical support, policies to increase adoption of green construction should address whichever consideration(s) that strongly hinder green construction adoption in a particular setting. en_US
dc.language.iso en en_US
dc.subject Barriers en_US
dc.subject Behavioural Economics en_US
dc.subject Decision-Making en_US
dc.subject Game Theory en_US
dc.subject Green Construction en_US
dc.subject Policies en_US
dc.subject Prospect Theory en_US
dc.title Beyond barriers: exploring the considerations hindering the adoption of green construction From a behavioural economics perspective en_US
dc.type Conference-Full-text en_US
dc.identifier.year 2019 en_US
dc.identifier.conference 8th World Construction Symposium en_US
dc.identifier.place Colombo en_US
dc.identifier.pgnos 125-136 en_US
dc.identifier.email samuel.hammond@uon.edu.au en_US
dc.identifier.email thayaparan.gajendran@newcastle.edu.au en_US
dc.identifier.email kim.maund@newcastle.edu.au en_US
dc.identifier.email david.savage@newcastle.edu.au en_US


Files in this item

This item appears in the following Collection(s)

  • WCS - 2019 [63]
    Proceedings of the 8th World Construction Symposium

Show simple item record