Deciding about Design Quality: Value judgements and decision making in the selection of architects by public clients under European tendering regulations

In the past few years the image of tender procedures in which Dutch public clients selected an architect has been dominated by distressing newspaper headlines. Architects fear that the current tender culture will harm the quality of our built environment due to a potential lack of diversity, creativity and innovation in architectural design. Due...

Knowingly taking risk: Investment decision making in real estate development

Knowingly taking risk is essential to the success of the real estate development business. Investing in real estate development projects, which are characterised by complexity and uncertainty, implies that high risks are taken. Interestingly, little is known about how real estate development organisations have incorporated the skills and...