Abstracts – Browse Results

Search or browse again.

Click on the titles below to expand the information about each abstract.
Viewing 6 results ...

Carrillo, P M (1998) Acquisition or divestment: UK contractors changing business portfolio. Journal of Financial Management of Property and Construction, 3(03), 49–70.

Hui, E C M, Ho, M F and Tam, S H (1998) Review of public housing rent policy in Hong Kong. Journal of Financial Management of Property and Construction, 3(03), 75–88.

Jagboro, G O (1998) The fffect of payment for advance purchase of building materials on contractor's cash-flow projections. Journal of Financial Management of Property and Construction, 3(03), 71–83.

Liow, K H (1998) An empirical investigation of corporate growth of property companies. Journal of Financial Management of Property and Construction, 3(03), 5–16.

Nicholas, J, Holt, G D and Harris, P T (1998) Financial business relationships: a conceptual model for evaluating contractors' creditworthiness. Journal of Financial Management of Property and Construction, 3(03), 17–36.

Ruokolainen, A and Plat, H T (1998) A system for allocating of private home owners' annual budget to housing. Journal of Financial Management of Property and Construction, 3(03), 37–48.

  • Type: Journal Article
  • Keywords: annual cost; building performance; decision support system; private home owner; utility measurement
  • ISBN/ISSN: 1366-4387
  • URL: http://www.emeraldinsight.com/journals.htm?issn=1366-4387
  • Abstract:
    Private home owners base their decision making on the investment expenditure and/or the annual financing costs of the choice alternatives. Future costs due to operating, maintenance and disposal activities are often ignored and benefits expected to be gained from the alternatives are not systematically measured. The purpose of this paper is to suggest a decision support system which provides proper information about the benefits and financial consequences of the alternatives assisting future private home owners' decision making. The benefits are revealed as willingness to pay for the choice alternatives using the bidding game of the contingent valuation method. The financial consequences of the alternatives are presented as annual costs so that the costs can be compared with a household budget expressed on an annual basis. The decision support system has been tested by a small case study carried out in Tampere Area, Finland. The results of the case study emphasise the importance of the annual cost calculation and utility measurement for the choice alternatives although some improvements in the system are still needed to be made.