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Real Estate Valuation Theory: A Critical Appraisal

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Management number 233657122 Release Date 2026/06/27 List Price US$25.97 Model Number 233657122
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This monograph critically reviews and updates real estate valuation theory, which is based on neoclassical economics, in light of developments in heterodox economic theory. Building on a comprehensive historical account of the evolution of value theory, the book uses new institutional economics theory and critical realism as lenses through which problems in standard valuation theory and practice are expatiated, and as the foundation for an alternative theory. The new theory is employed to explain major problems in real estate valuation that are beyond the capability of the standard theory, such as price bubbles in real estate markets, anchoring bias, client influence and valuation under uncertain market conditions. Read more

ISBN10 3662569892
ISBN13 978-3662569894
Edition Softcover reprint of the original 1st ed. 2016
Language English
Publisher Springer
Dimensions 6.1 x 0.46 x 9.25 inches
Item Weight 10.1 ounces
Print length 197 pages
Publication date April 25, 2018

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