{"id":"https://openalex.org/W2048814031","doi":"https://doi.org/10.1061/(asce)me.1943-5479.0000045","title":"Association of Risk Attitude with Market Diversification in the Construction Business","display_name":"Association of Risk Attitude with Market Diversification in the Construction Business","publication_year":2010,"publication_date":"2010-09-08","ids":{"openalex":"https://openalex.org/W2048814031","doi":"https://doi.org/10.1061/(asce)me.1943-5479.0000045","mag":"2048814031"},"language":"en","primary_location":{"id":"doi:10.1061/(asce)me.1943-5479.0000045","doi":"https://doi.org/10.1061/(asce)me.1943-5479.0000045","is_oa":false,"landing_page_url":"https://doi.org/10.1061/(asce)me.1943-5479.0000045","pdf_url":null,"source":{"id":"https://openalex.org/S144495243","display_name":"Journal of Management in Engineering","issn_l":"0742-597X","issn":["0742-597X","1943-5479","9742-597X"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-a","cwts-core","dongbi-a","fnege-3","jufo-1","norway-2","poland-100","russia-white-list-1","vabb-shw"],"host_organization":"https://openalex.org/P4310315747","host_organization_name":"American Society of Civil Engineers","host_organization_lineage":["https://openalex.org/P4310315747"],"host_organization_lineage_names":["American Society of Civil Engineers"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Journal of Management in Engineering","raw_type":"journal-article"},"volume":null,"type":"article","indexed_in":["crossref"],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5111570183","display_name":"Hyung-Jin Kim","orcid":null,"observed_orcids":[]},"institutions":[{"id":"https://openalex.org/I91045830","display_name":"Texas A&M University","ror":"https://ror.org/01f5ytq51","country_code":"US","type":"education","lineage":["https://openalex.org/I91045830"]}],"countries":["US"],"is_corresponding":false,"raw_author_name":"Hyung-Jin Kim","raw_affiliation_strings":["J. L. \u201cCorky\u201d Frank/Marathon Ashland Petroleum LLC Chair in Engineering Project Management, Professor, Zachry Dept. of Civil Engineering, Texas A&M Univ., College Station, TX 77843","Senior Researcher, Dept. of Research and Development, Kunwon Engineering Company, Ltd., Seoul 135-010, Korea (corresponding author)"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"J. L. \u201cCorky\u201d Frank/Marathon Ashland Petroleum LLC Chair in Engineering Project Management, Professor, Zachry Dept. of Civil Engineering, Texas A&M Univ., College Station, TX 77843","institution_ids":["https://openalex.org/I91045830"]},{"raw_affiliation_string":"Senior Researcher, Dept. of Research and Development, Kunwon Engineering Company, Ltd., Seoul 135-010, Korea (corresponding author)","institution_ids":[]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5066621471","display_name":"Kenneth F. Reinschmidt","orcid":null,"observed_orcids":[]},"institutions":[{"id":"https://openalex.org/I91045830","display_name":"Texas A&M University","ror":"https://ror.org/01f5ytq51","country_code":"US","type":"education","lineage":["https://openalex.org/I91045830"]}],"countries":["US"],"is_corresponding":false,"raw_author_name":"Kenneth F. Reinschmidt","raw_affiliation_strings":["J. L. \u201cCorky\u201d Frank/Marathon Ashland Petroleum LLC Chair in Engineering Project Management, Professor, Zachry Dept. of Civil Engineering, Texas A&M Univ., College Station, TX 77843","Senior Researcher, Dept. of Research and Development, Kunwon Engineering Company, Ltd., Seoul 135-010, Korea (corresponding author)"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"J. L. \u201cCorky\u201d Frank/Marathon Ashland Petroleum LLC Chair in Engineering Project Management, Professor, Zachry Dept. of Civil Engineering, Texas A&M Univ., College Station, TX 77843","institution_ids":["https://openalex.org/I91045830"]},{"raw_affiliation_string":"Senior Researcher, Dept. of Research and Development, Kunwon Engineering Company, Ltd., Seoul 135-010, Korea (corresponding author)","institution_ids":[]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":1,"corresponding_author_ids":[],"corresponding_institution_ids":["https://openalex.org/I91045830"],"apc_list":null,"apc_paid":null,"fwci":0.8719,"has_fulltext":false,"cited_by_count":28,"citation_normalized_percentile":{"value":0.80071985,"is_in_top_1_percent":false,"is_in_top_10_percent":false},"cited_by_percentile_year":{"min":88,"max":98},"biblio":{"volume":"27","issue":"2","first_page":"66","last_page":"74"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10395","display_name":"Construction Project Management and Performance","score":0.9678000211715698,"subfield":{"id":"https://openalex.org/subfields/1803","display_name":"Management Science and Operations Research"},"field":{"id":"https://openalex.org/fields/18","display_name":"Decision Sciences"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T10395","display_name":"Construction Project Management and Performance","score":0.9678000211715698,"subfield":{"id":"https://openalex.org/subfields/1803","display_name":"Management Science and Operations Research"},"field":{"id":"https://openalex.org/fields/18","display_name":"Decision Sciences"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T11976","display_name":"Capital Investment and Risk Analysis","score":0.006599999964237213,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T13151","display_name":"Business Strategies and Innovation","score":0.004000000189989805,"subfield":{"id":"https://openalex.org/subfields/1408","display_name":"Strategy and Management"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/risk-preferences","display_name":"risk preferences","score":0.8320000171661377},{"id":"https://openalex.org/keywords/market-diversification","display_name":"market diversification","score":0.9539999961853027},{"id":"https://openalex.org/keywords/construction-contractors","display_name":"construction contractors","score":0.9800000190734863},{"id":"https://openalex.org/keywords/risk-taking","display_name":"risk-taking","score":0.796999990940094},{"id":"https://openalex.org/keywords/competitive-success","display_name":"competitive success","score":0.6650000214576721},{"id":"https://openalex.org/keywords/organizational-risk-management","display_name":"organizational risk management","score":0.5889999866485596},{"id":"https://openalex.org/keywords/large-construction-firms","display_name":"large construction firms","score":0.6119999885559082}],"concepts":[{"id":"https://openalex.org/C180916674","wikidata":"https://www.wikidata.org/wiki/Q3711935","display_name":"Diversification (marketing strategy)","level":2,"score":0.8848044872283936},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.6457619667053223},{"id":"https://openalex.org/C40700","wikidata":"https://www.wikidata.org/wiki/Q1411783","display_name":"Industrial organization","level":1,"score":0.5506165623664856},{"id":"https://openalex.org/C32896092","wikidata":"https://www.wikidata.org/wiki/Q189447","display_name":"Risk management","level":2,"score":0.5483940839767456},{"id":"https://openalex.org/C91306197","wikidata":"https://www.wikidata.org/wiki/Q45767","display_name":"Competition (biology)","level":2,"score":0.4495193660259247},{"id":"https://openalex.org/C43071985","wikidata":"https://www.wikidata.org/wiki/Q2906013","display_name":"Financial risk management","level":3,"score":0.4396653473377228},{"id":"https://openalex.org/C162853370","wikidata":"https://www.wikidata.org/wiki/Q39809","display_name":"Marketing","level":1,"score":0.3969981372356415},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.24944868683815002},{"id":"https://openalex.org/C18903297","wikidata":"https://www.wikidata.org/wiki/Q7150","display_name":"Ecology","level":1,"score":0.0},{"id":"https://openalex.org/C86803240","wikidata":"https://www.wikidata.org/wiki/Q420","display_name":"Biology","level":0,"score":0.0}],"mesh":[],"locations_count":1,"locations":[{"id":"doi:10.1061/(asce)me.1943-5479.0000045","doi":"https://doi.org/10.1061/(asce)me.1943-5479.0000045","is_oa":false,"landing_page_url":"https://doi.org/10.1061/(asce)me.1943-5479.0000045","pdf_url":null,"source":{"id":"https://openalex.org/S144495243","display_name":"Journal of Management in Engineering","issn_l":"0742-597X","issn":["0742-597X","1943-5479","9742-597X"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-a","cwts-core","dongbi-a","fnege-3","jufo-1","norway-2","poland-100","russia-white-list-1","vabb-shw"],"host_organization":"https://openalex.org/P4310315747","host_organization_name":"American Society of Civil Engineers","host_organization_lineage":["https://openalex.org/P4310315747"],"host_organization_lineage_names":["American Society of Civil Engineers"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Journal of Management in Engineering","raw_type":"journal-article"}],"best_oa_location":null,"sustainable_development_goals":[],"study_designs":[],"awards":[],"funders":[],"has_content":{"grobid_xml":false,"pdf":false},"content_urls":null,"referenced_works_count":35,"referenced_works":["https://openalex.org/W98141340","https://openalex.org/W653531495","https://openalex.org/W1519752238","https://openalex.org/W1706242218","https://openalex.org/W1985204510","https://openalex.org/W1995875735","https://openalex.org/W2024791448","https://openalex.org/W2028370924","https://openalex.org/W2031011089","https://openalex.org/W2040198418","https://openalex.org/W2040528145","https://openalex.org/W2042456949","https://openalex.org/W2050984423","https://openalex.org/W2055836025","https://openalex.org/W2056224838","https://openalex.org/W2062077959","https://openalex.org/W2072612272","https://openalex.org/W2091401790","https://openalex.org/W2101550252","https://openalex.org/W2103029974","https://openalex.org/W2113910668","https://openalex.org/W2137358449","https://openalex.org/W2144846366","https://openalex.org/W2223644180","https://openalex.org/W2240908752","https://openalex.org/W2249271005","https://openalex.org/W2310516540","https://openalex.org/W2326752086","https://openalex.org/W2501307205","https://openalex.org/W2797686630","https://openalex.org/W3122715306","https://openalex.org/W3123850974","https://openalex.org/W4243542289","https://openalex.org/W4254219547","https://openalex.org/W4301066124"],"related_works":["https://openalex.org/W2152374038","https://openalex.org/W2514562221","https://openalex.org/W2240908752","https://openalex.org/W80381027","https://openalex.org/W4410608052","https://openalex.org/W2306871012","https://openalex.org/W4408850309","https://openalex.org/W2383651112","https://openalex.org/W2407918973","https://openalex.org/W2074330913"],"abstract_inverted_index":{"In":[0],"construction,":[1],"many":[2],"large":[3,128],"firms":[4],"are":[5,66,86],"diversified,":[6],"and":[7,18,39,55,144],"their":[8,56,93,109,145,150],"diversification":[9,54,110,125,146],"is":[10,31,64],"recognized":[11],"as":[12,147,149],"a":[13,26,32,35],"corporate":[14],"strategy":[15],"for":[16],"growth":[17],"risk":[19,83,106,142],"management.":[20],"Diversification":[21],"indicates":[22],"extended":[23],"competition":[24,70,116],"into":[25],"different":[27,74,82],"market":[28,75],"sector.":[29],"It":[30],"departure":[33],"from":[34],"firm\u2019s":[36],"experience":[37],"base,":[38],"it":[40],"can":[41],"be":[42],"riskier":[43],"than":[44],"improving":[45],"performance":[46],"in":[47,59,96],"the":[48,60,87,101,112,123,138],"currently":[49],"operating":[50],"market.":[51],"Then,":[52],"contractors\u2019":[53,104,141],"aggregate":[57],"pattern":[58,126],"market,":[61],"if":[62],"there":[63],"any,":[65],"realized":[67],"outcomes":[68],"through":[69],"among":[71,117],"contractors":[72,79],"over":[73],"sectors.":[76],"The":[77,120,132],"competing":[78],"may":[80],"have":[81],"attitudes,":[84],"which":[85],"subconscious":[88],"but":[89],"critical":[90],"basis":[91,113],"of":[92,103,114,127],"risk-taking":[94],"behaviors":[95],"competition.":[97],"This":[98],"study":[99],"investigates":[100],"association":[102],"organizational":[105],"attitudes":[107],"with":[108],"on":[111,137],"simulated":[115],"multiple":[118],"contractors.":[119,131],"simulation":[121],"replicates":[122],"actual":[124],"U.S.":[129],"construction":[130],"results":[133],"provide":[134],"new":[135],"insight":[136],"relationship":[139],"between":[140],"attitude":[143],"well":[148],"competitive":[151],"success.":[152]},"counts_by_year":[{"year":2026,"cited_by_count":1},{"year":2025,"cited_by_count":3},{"year":2024,"cited_by_count":1},{"year":2023,"cited_by_count":1},{"year":2022,"cited_by_count":2},{"year":2021,"cited_by_count":1},{"year":2020,"cited_by_count":3},{"year":2019,"cited_by_count":2},{"year":2018,"cited_by_count":2},{"year":2017,"cited_by_count":2},{"year":2016,"cited_by_count":2},{"year":2015,"cited_by_count":4},{"year":2014,"cited_by_count":2},{"year":2013,"cited_by_count":1},{"year":2012,"cited_by_count":1}],"updated_date":"2026-10-16T09:59:22.235173","created_date":"2016-06-24T00:00:00"}