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Akiner, I and Tijhuis, W (2007) Work goal orientation of construction professionals in Turkey: comparison of architects and civil engineers. Construction Management and Economics, 25(11), 1165–75.

Dai, J, Goodrum, P M and Maloney, W F (2007) Analysis of craft workers' and foremen's perceptions of the factors affecting construction labour productivity. Construction Management and Economics, 25(11), 1139–52.

Ding, Z and Ng, F (2007) Reliability and validity of the Chinese version of McAllister's trust scale. Construction Management and Economics, 25(11), 1107–17.

Gorse, C A and Emmitt, S (2007) Communication behaviour during management and design team meetings: a comparison of group interaction. Construction Management and Economics, 25(11), 1197–213.

Imriyas, K, Pheng, L S and Teo, E A-L (2007) A fuzzy knowledge-based system for premium rating of workers' compensation insurance for building projects. Construction Management and Economics, 25(11), 1177–95.

Simmons, K M and Sutter, D (2007) Tornado shelters and the housing market. Construction Management and Economics, 25(11), 1119–26.

  • Type: Journal Article
  • Keywords: Natural disasters; prices; tornado shelters; mitigation; multiple regression
  • ISBN/ISSN: 0144-6193
  • URL: http://www.informaworld.com/openurl?genre=article&issn=0144-6193&volume=25&issue=11&spage=1119
  • Abstract:
    Mitigation against natural hazards often involves long-lived, immobile investments. Home owners must be able to capture the present value of future benefits to equate the private and societal return on mitigation. The capitalization of mitigation into home prices thus is crucial for home owners to have a proper incentive for mitigation. We investigate the existence of a premium for tornado shelters using home sales in Oklahoma City, where the deadly tornado outbreak of 3 May 1999 and the Oklahoma Saferoom Initiative increased public awareness of tornado shelters. We find that a shelter increases the sale price of a home by 3.5% to 4% or approximately $4200 given the mean price of homes sold in 2005. The magnitude of the premium is plausible given that shelters retail for $2500-$3000 installed.

Tam, C M, Tong, T K L and Wong, B W L (2007) An integrated system for earthmoving planning. Construction Management and Economics, 25(11), 1127–37.

Tzortzopoulos, P and Sexton, M (2007) An investigation on the implementation of product development process models in construction companies. Construction Management and Economics, 25(11), 1153–64.