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Acknowledgements
I am grateful for Graham Ive’s insightful input for writing the history of construction economics in general and at The Bartlett in particular.
Disclosure statement
No potential conflict of interest was reported by the author.
Notes
1. The recent suicide of a professor at Imperial College is a horrific consequence of this system (http://www.timeshighereducation.co.uk/news/imperial-college-professor-stefan-grimm-was-given-grant-income-target/2017369.article).
2. Apart from these core issues, it has been suggested that construction economics could also encompass cost planning, life cycle costing and value engineering (Myers, Citation2003).
3. Tversky and Kahneman (Citation1987) suggest that ‘normal and descriptive analyses of choice should be viewed as separate enterprises’ (p. 91).
4. The Handbook of Organizational Economics edited by two eminent economists, Robert Gibbons and John Roberts, provides a good collection of formalizable approaches (Gibbons and Roberts, Citation2013) fit for the analysis of procurement systems, construction supply chain governance and internal construction organizations (Chang, Citation2014a).