An Exploratory Pledging Framework of Crowdfunding for Utilities Tunnel Engineering Project

Sun, Feng; Liu, Cheng

doi:10.1155/2022/4658454

Cited by 2 publications

(2 citation statements)

References 30 publications

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“…MUTs are more expensive than conventional methods, but they could be more practical in dense areas due to social cost savings [9]. Researchers have suggested using crowdfunding [10] and incentive mechanisms in publicprivate partnership projects [11] to finance utility tunnels construction projects. To make MUTs an affordable and efficient alternative to buried utilities, factors such as utility specifications, MUT location [12], and construction method, should be investigated.…”

Section: Introductionmentioning

confidence: 99%

Stochastic Simulation of Construction Methods for Multi-purpose Utility Tunnels

Jorjam,

Mawlana,

Hammad

2023

Infrastructures

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The traditional method of installing underground utilities (e.g., water, sewer, gas pipes, electrical cables) by burying them under roads has been used for decades. However, the repeated excavations related to this method cause problems, such as traffic congestion and business disruption, which can significantly increase financial and social costs. Multi-purpose Utility Tunnels (MUTs) are a good alternative for buried utilities. Although the initial cost of MUTs is higher than that of the traditional method, social cost savings make them more feasible, especially in dense urban areas. Different factors, such as the specifications of utilities, the location of the MUTs, and the construction method, should be investigated to determine if MUTs can be an economical and practical alternative. The construction method is one of the most important factors to assess to have a successful MUT project and reduce its impact on the surrounding area. Simulation can be used to investigate the different construction methods of MUTs. In this paper, two Stochastic Discrete Event Simulation models depicting two MUT construction methods (i.e., microtunneling and cut-and-cover) are developed to analyze the duration and cost of the MUT projects. Also, 4D simulation models of these methods are developed for constructability assessment of these projects.

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Section: Introductionmentioning

confidence: 99%

Stochastic Simulation of Construction Methods for Multi-purpose Utility Tunnels

Jorjam,

Mawlana,

Hammad

2023

Infrastructures

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“…[6][7][8]. Scholars have mainly studied reward crowdfunding, equity crowdfunding, public benefit crowdfunding, and debt crowdfunding from the perspective of reward types [9][10][11][12][13]. At present, there have been few studies on the influencing mechanism of agriculture crowdfunding financing performance.…”

Section: Introductionmentioning

confidence: 99%

Project Attribute Information and Initiator’s Commitment in Crowdfunding Message Strategy: An Empirical Investigation of Financing Performance in Agri-Food Crowdfunding

2022

Sustainability

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Agri-food crowdfunding, a new financing method, not only solves the financing constraints in agricultural development, but also realizes the effective connection between agricultural products and the market. Thus, exploring the impact of project factors on financing performance can help initiators design scientific and reasonable crowdfunding project plans. Based on the trust theory and the elaboration likelihood model (ELM), the trust mechanism is constructed with the characteristic attributes as the central path, the competitive attributes as the edge path, and the commitment as the mediator. Using the data of 1166 agri-food crowdfunding projects on the Taobao crowdfunding platform, I investigate the impact of disclosed project attribute information on financing performance and the mediating role of project risk. The results show that projects with a detailed explanation of the crowdfunding reason and the capital uses, a low funding goal, product qualification certificates issued by authoritative institutions, multiple types of rewards, a short reward delivery time, and a low investment threshold achieve good financing performance. The factor of commitment plays an intermediary role in the relationship between project attributes and financing performance. Based on the research conclusions, practical enlightenment is proposed for initiators, crowdfunding platforms, and regulators.

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An Exploratory Pledging Framework of Crowdfunding for Utilities Tunnel Engineering Project

Cited by 2 publications

References 30 publications

Stochastic Simulation of Construction Methods for Multi-purpose Utility Tunnels

Stochastic Simulation of Construction Methods for Multi-purpose Utility Tunnels

Project Attribute Information and Initiator’s Commitment in Crowdfunding Message Strategy: An Empirical Investigation of Financing Performance in Agri-Food Crowdfunding

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