Blockchain is considered a breakthrough technology in the construction industry, with the potential to improve the trust environment and workflow of construction stakeholders. Although recent research offers hints regarding possible contributing elements to blockchain adoption in the construction industry, no specific study has addressed this topic. This knowledge gap hinders the adoption and promotion of blockchain in construction organizations. This study aimed to identify the determinants of blockchain adoption in the construction industry and verify the influence of the combination of various factors on adoption intention. Based on the technology–organization–environment framework, a conceptual model of blockchain adoption in the construction industry was constructed. Data were collected through the distribution of questionnaires, and 244 professionals in the construction field participated in this study. To evaluate the model hypotheses, we used a two-stage partial least squares structural equation modeling (PLS-SEM) and fuzzy-set qualitative comparative analysis (fsQCA) combination. The PLS-SEM revealed that factors such as compatibility, top management support, relative advantage, regulatory support, cost, competitive pressure, organizational readiness, and firm size significantly influence blockchain adoption. The fsQCA indicated that six causal conditions achieve high adoption intention. This is one of the first empirical studies on blockchain adoption in the construction industry, which can aid organizations, policymakers, and project participants in making informed decisions regarding the adoption of blockchain.
8 September 2022 in Systems Research and Behavioral Science
While the approach to multiple-attribute decision-making (MADM) is widely used in a variety of fields, including models with fuzzy sets and corresponding extensions, it cannot solve target-oriented decision problems with both selective and targeted alternatives. Therefore, this study provides the first description of a target-oriented MADM problem and proposes a novel decision framework. An attribute value function for target orientation is defined by integrating range and frequency values derived under cumulative prospect theory and range-frequency theory. A Choquet integral with discrete fuzzy measures is then used to integrate attribute values and determine comprehensive values for selective alternatives. In this determination of comprehensive values, a parameter estimation model is also established, with its input assumed to be the pairwise comparison judgment matrix with probabilistic linguistic preference relation. This model as well as its transformation aims at determining the parameters of both the attribute value function and fuzzy measures. Finally, the process of target-oriented MADM is summarized, and an illustrative example is provided to demonstrate the applicability of the proposed techniques.
Among existing preference elicitation methods, the trade-off method offers an advantage over others in mitigating the influence of probability weighting on preferences, as it does not require assuming a specific form for the probability weighting function. However, when accounting for the dependence of probability weighting on the choice-set outcome range (CSOR), the conventional trade-off method may lead to improper elicitation of preferences due to its inability to control the CSOR. In order to concurrently circumvent the impacts of the CSOR and probability weighting on preferences in the elicitation procedure, we introduce the Range-Fixed Trade-off Method (RFTM) and provide its full derivation and concrete implementation steps under the framework of rank-dependent utility theory (RDU). The RFTM not only retains the advantages of the conventional trade-off method but also evades the effects of the CSOR on preferences by fixing the CSOR. The results of empirical investigations into the efficacy of RFTM indicate that, compared to the existing trade-off method, utility functions derived from RFTM exhibit a lower degree of risk aversion. This result is compatible with existing experimental observations and conclusions, thus implying that RFTM can effectively elicit individual preferences, thereby preventing or mitigating the bias in preferences arising from CSOR variations in the conventional trade-off approach. Furthermore, the experimental results demonstrate that the probability weighting function remains nonlinear even within a fixed CSOR. This indicates that, under the premise of preferences depending on the CSOR, non-expected utility theories still hold promising development prospects in the future. In summary, RFTM not only provides a more effective and reliable approach for preference elicitation but also makes it feasible to study the impact of changes in the CSOR on preferences, thereby providing methodological support for the future development of CSOR-dependent non-expected utility theories.