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Contractors rely on effective pricing methods in order to translate potential business into reality for long-term survival of their firms. This involves effective utilization of bidding feedback information toward winning jobs with high profit potential. The purpose of this paper is to experimentally investigate student (inexperienced) bidders’ competitiveness under full and partial information feedback conditions when the number of competing bidders is large (n=12).

This paper adopted an experimental research design. The design used between-subjects variation and involved information feedback as the treatment variable with 120 students who enrolled in a cost-estimating course participated in the experiment.

The result shows that the variations in bids over time for both levels of information feedback are statistically significant. It is found that bidders with full bidding feedback information are more competitive than those with partial bidding feedback information. The bid-spread analysis and the identified effect of these two information feedback conditions on awarded contract sum, provide some further evidence that full information feedback condition would lead to lower average bids in construction bidding.

The implication of the findings for construction clients is that they should provide as much bidding feedback information as possible so that the bid prices will be competitive.

Given the ambiguity inherent in field data, this paper provides strong justification of using experimental research design in advancing the understanding of construction pricing under different information feedback conditions. In addition, it demonstrated the suitability of using student subjects in similar experiments in the context of construction bidding.

The purpose of this paper is to present an experiment to test the effect of construction demand on the mark-up price level in construction contract auctions.

An experimental approach was adopted for this study. In a controlled laboratory environment, a first-price sealed bid auction was simulated with varying number of projects available over ten rounds to simulate changing construction demand. Two experimental treatments were run in parallel, one exhibiting a “booming” demand over time, and the other group with a “recession” scenario. The experiment involved student (inexperienced) bidders with a construction project management background.

The results show that inexperienced bidders do behave differently when subjected to varying levels of construction demand. Variations in the bid price level are affected by varying levels of construction demand and the general mark-up level for the bidders experiencing a booming scenario was higher on average compared to bidders subjected to the recession scenario.

An identified limitation of this study is the use of student subjects in the experiment, thus the experiment results are limited in generalisation to inexperienced bidders. Further studies may be able to replicate the experiment with experienced industry practitioners to observe the results.

The results allow for industry practitioners to gain a stronger understanding of the effects of varying levels of construction demand and the need to consider construction demand in construction contracting. For construction clients, the level of construction demand may be used as an indicator to assist in the timing to call tenders to achieve a desirable price. For contractors, increased awareness of how demand affects competition and the price level will allow additional optimisations to be achieved in the bid price.

Construction demand has been widely known to be one of the key factors affecting contractors’ bidding decisions. However, there has been little empirical investigation of the changes in bidders’ behaviour due to varying levels of construction demand. This paper attempts to add to the empirical research knowledgebase through an experimental setting.

The use of national and international rankings of universities is increasing rapidly. Dill and Soo (2005), who take a generally positive view of university league tables, review the performance of some leading examples of the genre. They conclude that “Our review of the five leading commercial university league tables from Australia, Canada, the UK, and the US suggests that the definitions of academic quality used in these tables are converging…It would be valuable to extend the analysis to league tables developed in Europe, Asia, and Latin America to see the extent to which a common construct of academic quality is becoming truly international” (Dill & Soo, 2005, pp. 525–526).

Purpose – This chapter discusses the belonging of second-generation Finnish Somalis based on a participatory performative research project conducted in Helsinki with young second-generation immigrants.

Methodology/approach – The project involved organizing workshops with teams of art and media professionals and, together with the co-researching participants, staging productions, such as photo and video exhibitions and producing books and documentaries; these artworks, in turn, formed an important part of the research reporting. In these productions, the search for multiple homes and belonging formed a narrative that was expressed in both the audio-visual materials and the written stories.

Findings – The performative approaches and audio-visual methods employed in the study assisted the participants in dealing with questions of belonging and othering by emphasizing the strength and multifacetedness offered by outsider positions. In the ‘potential spaces’ created in the project setting, memories and experiences could be expressed in symbolic form, discussed and rearticulated. This, in turn, made possible the negotiation of a form of cultural citizenship that combined different homes, nations and senses of belonging.

Social implications – By claiming a cultural citizenship in their productions, the young participants were able to create multiple narrations for themselves and Finnishness, which also supported their resilience. By creating works of art with the young people, we other participants were able to observe our own participation and research from a critical perspective.

Originality/value of the chapter – The chapter demonstrates how varied perspectives and different epistemological understandings can be recognized and shared with an audience in a performative research setting.

The purpose of this paper is to examine the relationship among sources of stress, coping strategy, job satisfaction and psychological well‐being and to examine the roles of coping behaviour as the moderator variable.

The study uses a questionnaire survey and area sampling design, with responses of 617 Malaysian fire fighters and 436 UK fire fighters. The questionnaire comprises: the Sources of Occupational Stress in Fire Fighters & Paramedics scale, the Coping Response of Rescue Workers and the Job Satisfaction Scale. Hierarchical multiple regression analysis is used to examine the moderating effect of coping behaviour on job satisfaction and psychological well‐being.

It is found that the sources of occupational stress have significant negative correlations with job satisfaction and psychological well‐being. The results of the regression analysis indicates that overall coping behaviour has a significant influence on overall job satisfaction for UK fire fighters but not for Malaysian fire fighters. However, overall coping behaviour has a significant effect as a moderating variable between sources of stress and psychological health for Malaysian fire fighters.

The results suggest that training that focuses on psychological aspects (stress management, coping strategies, etc.), and the use of counsellors should be highlighted. It is suggested that the Malaysian Fire Brigade should establish a Counselling Unit, to deal with psychological problems faced by the fire fighters.

This study shows how theories originating in developed countries (USA and Canada) can help explain the psychological health of the fire fighters in a developing country (Malaysia). The analysis of statistical results led to the development of a model to interpret the factors influencing psychological health in Malaysian and UK fire fighters. Beside that, the evidence from the study also highlighted that factors such as culture may influence the ways employees cope up with the situations.

This study investigated the investor relations activities on the Internet of companies that are listed on the Johannesburg Securities Exchange (JSE). For this purpose, the home pages of the JSE Top 40 companies were searched and screened for investor relations items. A three‐stage model was used. The results of the study indicate that companies use more advanced features of the Internet for investor relations in comparison with previous studies undertaken in other countries. Most companies in SA appear to be in the second stage of Internet investor relations. The leading companies in SA are ready to enter the third stage of Internet investor relations.

The experimental parliamentary subsidy on knights' fees and freehold incomes from lands and rents of 1431 was the only English direct lay tax of the Middle Ages which broke down. As such, this subsidy has a clear historiographical significance, yet previous scholars have tended to overlook it on the grounds that parliament's annulment act of 1432 mandated the destruction of all fiscal administrative evidence. Many county assessments from 1431–1432 do, however, survive and are examined for the first time in this article as part of a detailed assessment of the fiscal and administrative context of the knights' fees and incomes tax. This impost constituted a royal response to excess expenditures associated with Henry VI's “Coronation Expedition” of 1429–1431, the scale of which marked a decisive break from the fiscal-military strategy of the 1420s. Widespread confusion regarding whether taxpayers ought to pay the feudal or the non-feudal component of the 1431 subsidy characterized its botched administration. Industrial scale under-assessment, moreover, emerged as a serious problem. Officials' attempts to provide a measure of fiscal compensation by unlawfully double-assessing many taxpayers served to increase administrative confusion and resulted in parliament's annulment act of 1432. This had serious consequences for the crown's finances, since the regime was saddled with budgetary and debt problems which would ultimately undermine the solvency of the Lancastrian state.

The case is set in summer 2016, centered on the writer and performing star, Lin-Manuel Miranda, whose Broadway show Hamilton had grossed almost $75 million and won 11 Tony Awards. The musical's cultural influence was buoyed by Miranda’s 578,000 Twitter followers; hundreds of celebrities from Oprah Winfrey to Jennifer Lopez had become ambassadors for the musical; and its impromptu #Ham4Ham live performances were engaging thousands of people on social media with each release. The case explores specific tactics the show employed, challenges students to consider the importance of personality in creating social media buzz, and studies the practical influence social media may have had on the show’s success. It is appropriate for any marketing course, particularly a digital media class in which students are familiar with the major platforms.

In a sharing economy, economically inactive members can serve as providers owing to the low start-up costs. However, such providers may operate without sufficient knowledge of the market and policies, causing significant problems. To prevent illegal sharing, governments encourage providers to register their businesses after meeting certain requirements, but most providers still operate unregistered businesses. The purpose of this paper is to explore the causes of policy non-compliance and suggest measures that can induce compliance.

Based on the rational choice and deterrence theories, this study combines qualitative and quantitative research. The former is used to investigate the antecedent factors affecting compliance. Using the latter, this study assumes that the existence of platform operators can resolve information asymmetries. The qualitative findings provide the variables that can lead to policy compliance, while the quantitative research verifies the causal relationships.

Business registration by providers in the sharing economy arises from their subjective cost-benefit calculations of policy compliance. According to the qualitative research, they believe there is a low risk of detection of policy non-compliance by the government. The quantitative research suggests that interventions by platform operators could resolve information asymmetries between the government and providers.

This study designed a mechanism to guide providers toward policy compliance. To reduce friction with the existing market and ensure efficient growth, it is necessary to cooperate with sharing economy participants. The results suggest that the role of platform operators and the government is important.