How Do Developers Influence the Transaction Costs of China’s Prefabricated Housing Development Process?: An Investigation Through the Bayesian Belief Network Approach

The implementation of prefabricated housing (PH) has become prevalent in China recently due to its advantages in enhancing production and energy-saving efficiency within the construction system. However, stakeholders may not always fully realize the benefits of adopting PH due to the emergence of transaction costs (TCs) in the development...

Factors influencing transaction costs of prefabricated housing projects in China: developers' perspective

Purpose: The recent promotion of prefabricated housing (PH) in China has resulted in a prosperous period for its implementation. However, transaction costs (TCs) cause low economic efficiency to stakeholders and hinder the further promotion of PH. No relevant study has yet been made to investigate the TCs and their causes in the PH field....

Long-term deterioration of lubricant-infused nanoporous anodic aluminium oxide surface immersed in NaCl solution

This study investigated the deterioration of a lubricant-infused anodic aluminium oxide surface in a 1 M NaCl solution for ∼200 days. Direct observation by cryo-SEM and quantitative analyses by UV spectroscopy and EIS revealed that the long-term deterioration of the lubricant-infused surface was divided into two stages: the surface-adhered...

Stakeholder Perceptions of Transaction Costs in Prefabricated Housing Projects in China

Prefabrication has the potential to improve the efficiency and sustainability of housing production. However, there are various challenges in the realization of prefabricated housing (PH) from the stakeholder's perspective. Transaction costs (TCs) theory provides a particular angle that explains the invisible costs within transactions. This...

Exploring transaction costs in the prefabricated housing supply chain in China

The growing environmental problems, the rapid urbanization, and the disappearance of the demographic dividend in China has brought unprecedented opportunities to the development of prefabricated housing (PH). However, many barriers are hindering the promotion of PH, for instance, cost, lack of regulations, and the shortage of knowledge, among...

The role of stakeholders and their participation network in decision-making of urban renewal in China: The case of Chongqing

Since the late 1970s, China's fast growth of economy and urbanization have driven large-scale urban renewal projects. To deal with complex urban problems, urban renewal requires integrated, coordinated and multifaceted strategies involving a wide range of stakeholders. A deeper understanding of the stakeholders in the decision-making process...

Improving the Supply Chain of Housing Industrialization from Transaction Costs Perspective: A Literature Review

Sustainable development has been the focus of all major industries in the world, especially in the construction industry. As one of the sustainable construction modes, housing industrialization (HI) is now absorbing a growing number of attentions that lead the industry to go green. However, the implementation of HI in China is far from...

Critical line of an n-component cubic model