The use of reference points in valuation judgment

Journal of Property Research

Volumn 18, Issue 2, 2001, Pages 141-148

  Diaz, Julian ^a   Hansz, J Andrew ^b  

^a GEORGIA STATE UNIVERSITY   (United States)

^b UNIVERSITY OF TEXAS AT ARLINGTON   (United States)

Author keywords

Geographical unfamiliarity; Reference point anchoring; Valuation judgment

Indexed keywords

ECONOMIC ANALYSIS; PROPERTY MARKET;

EID: 0035560445     PISSN: 09599916     EISSN: None     Source Type: Journal    
DOI: 10.1080/09599910110039897     Document Type: Article

References (14)

1. The use of information versus asking price in the real property negotiation process
2. How appraisers do their work: A test of the appraisal process and the development of a descriptive model
3. An investigation into the impact of previous expert value estimates on appraisal judgment
4. How valuers use the value opinions of others
5. A longitudinal examination of the appraisal smoothing hypothesis
6. Aspects of information processing in valuation judgment and choice
7. Confirmation bias in the valuation process: A test for corroborating evidence
8. Price-knowledge-induced bias: A cross-cultural comparison
9. Estimating market values from appraised values without assuming an efficient market
10. Heuristic use, credit constraints and real estate lending
11. Price formation and the appraisal function in real estate markets
12. Information-processing theory of human problem solving
13. Judgement under uncertainty: Heuristics and biases