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Behavioural Science and Housing Decision Making

last modified Feb 28, 2020 01:19 PM
This new publication by Helen Bao takes a behavioural approach to examine six important housing questions: tenure decision, gentrification, place attachment, housing bubbles, housing wealth, and residential satisfaction
Behavioural Science and Housing Decision Making

Behavioural Science and Housing Decision Making

Using experimental and field data, the book demonstrates the effects of six behavioural biases and heuristics (i.e., anchoring and reference dependence, loss aversion, mental accounting, endowment effect, herd behaviours, and social comparison) on these housing decisions. The first part of the book introduces the questions and provides a behavioural science toolbox before the second part adopts a real-world case study approach. Real data sets and suggested answers are provided, and the cases come from the UK, USA, and China. Background information is given in each case to facilitate the understanding of the case data and question, as well as the discussions on the results.

This book is ideal supplementary reading on a variety of courses such as housing studies, economics, real estate, research methods, and for students and academics who are interested in the application of behavioural science in housing decisions.

Copies of the book can be ordered here

The submission deadline for MSt applications for the 2020 course has been extended to 15th June 2020

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The University of Cambridge (Department of Land Economy), the University of Florida (Bergstrom Real Estate Center), the University of Geneva (Geneva Finance Research Institute), and the National University of Singapore (Institute of Real Estate and Urban Studies and Department of Real Estate) announce a call for papers for their joint 2020 Real Estate Finance and Investment Symposium. DEADLINE FOR SUBMISSION 1st May 2020

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We would like to invite all of Land Economy Alumni to join us for a drinks reception and dinner in Queens’ College, Cambridge on 25 September 2020 to mark and celebrate 20th year anniversary of the MPhil Programmes. This event is a fantastic opportunity for Land Economy alumni not only to stay connected with each other and Department, but to meet the Cambridge University Land Economy Board members and associates of the Department, whilst welcoming our newest alumni into the global community. We are looking forward to see you there!

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Mst Graduates 2017 19

Well done to our 2017-19 cohort of the MSt in Real Estate who graduated at the Senate House on Saturday 30th November

A warm welcome to our new cohort of MSt in Real Estate students 2019

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