How valuers use the value opinions of others

Keywords

Judgement, Valuation (finance), Real estate, Actuarial science, Value (mathematics)

References

• An Investigation into the Impact of Previous Expert Value Estimates on Appraisal JudgmentJulián Ruiz Díaz — 1997
• Price formation and the appraisal function in real estate marketsDanielC. Quan, JohnM. Quigley — 1991
• A Longitudinal Examination of the Appraisal Smoothing HypothesisJulián Ruiz Díaz, Marvin Wolverton — 1998
• Human Problem Solving.Nick Axten, Allen Newell, Herbert A. Simon — 1973
• Information-Processing Theory of Human Problem SolvingH. Simon — 1978

Cited by

• Investors and valuers: Similarities and differences from a behavioural perspectiveNedas Abaris, Firass Sjönoce — 2014
• Market Feedback and Valuation Judgment: RevisitedJ. Freybote — 2012
• The use of judgement by commercial property developersSimon Robson — 2009
• An analysis of judgemental bias in housing choicePeter J. H. Scott — 2011
• Theory of Behavioral Finance and Its Application to Property Market: A Change in ParadigmSaba Amin, Syed Shahzaib Pirzada — 2014
• Bargaining, utility and rents: Analysing the effect of potential lease termination on rent negotiation outcomesPatrick McAllister, Heather Tarbert — 1999
• AN EXPLORATORY STUDY OF BEHAVIORAL CHARACTERISTICS IN HONG KONG PROPERTY VALUATION PRACTICEC. W. Y. Wong, 黃昭強 — 2006
• Overbuilding in office markets, a behaviouralapproach to investigate possible explanations.Fredrik Brunes — 2010
• Behavioural Biases on Residential House Purchase Decisions: A Multi-Criteria Decision-Making ApproachClare Branigan, Cathal M. Brugha, Philip W. Koppels — 2013
• How important is that footnote on page 3Mihnea Constantinescu — 2011
• Behavioral research into heuristics and bias as an academic pursuitWilliam G. Hardin — 1999
• Motivations of investors in the private rental marketTim Seelig, Terry Burke, Alan Morris — 2006
• Why Do Borrowers Choose Adjustable-Rate Mortgages over Fixed-Rate Mortgages? : A Behavioral InvestigationMasaki Mori, Julián Ruiz Díaz, Alan J. Ziobrowski — 2009
• Asset Acquisition Criteria: A Process Tracing Investigation into Real Estate Investment Decision MakingVivek Sah — 2011
• The role of behavioural aspects in investment decision-making by listed property fund managers in South AfricaBraam Lowies — 2012
• FACTORS AFFECTING CLIENT INFLUENCE ON PROPERTY VALUATION IN MALAYSIA: DO CLIENT SIZE AND SIZE OF VALUE ADJUSTMENT MATTER?Kamalahasan Achu, Lim Wan Chin, Burhaida Burhan — 2015
• Does assessed value influence market value judgments?Matthew L. Cypher, J Hansz — 2003
• The first decade of behavioral research in the discipline of propertyJulián Ruiz Díaz — 1999
• The influence of clients on valuationsDeborah Levy, Edward Schuck — 1999
• Residential valuation behaviour in the United States, the United Kingdom and New ZealandJulián Ruiz Díaz, Paul Gallimore, Deborah Levy — 2002

Related papers

• Real Estate Market Value in the Light of Valuation PracticesSabina Źróbek, Marek Walacik — 2016
• A contemporary exposition of market value of investment real estateTerence Boyd — 1993
• Modern methods of mass valuation of the market value of non-agricultural landsA. Koshel — 2016
• The Problem of Reflecting the Market in the Legal Principles of Real Estate Valuation in Poland. How to Eliminate the “Legal Footprint”?Jan Konowalczuk — 2017
• Boca Resorts Inc.-A Valuation ReportSupreena Narayanan, Nikesh Agarwal, Leisha Weissenberger — 2004
• Researches on Measurement and Valuation Choice on Fair Value in Irrational MarketYu Hu — 2010