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This innovative Research Companion considers the history, nature and status of construction economics, and its need for development as a field in order to be recognised as a distinct discipline. It presents a state-of-the-art review of construction economics, identifying areas for further research.

Contributors explore topics that have been under-discussed in the literature, including the philosophy of construction economics and its practice in classical antiquity. Chapters also offer new takes on the development of the construction industry, the economics of housing, construction labour and the economics of informatics applications. Comprehensive in outlook, the Research Companion goes on to provide in-depth analyses of procurement, bidding, stakeholder management, construction data, transaction costs and sustainability in construction.

The Research Companion will be critical reading for scholars and students of construction economics, construction management, cost engineering, quantity surveying, urban economics and institutional economics. Its use of empirical research and exploration of the methods of analysis used in construction economics will also be beneficial for administrators of the construction industry and practitioners in these fields.