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1-2 of 2
Keywords: Herding behaviour
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Journal Articles
Journal of European Real Estate Research (2014) 7 (1)
Published: 29 April 2014
... with standard rational agent models. The purpose of this paper is to evaluate to what extent herding behaviour among investors can be seen as an explanation for deviations of house prices from their fundamental value. To see whether house prices fluctuate more than fundamentally justified...
Journal Articles
The influence of herding behaviour on house prices
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Journal of European Real Estate Research (2012) 5 (3): 177–198.
Published: 19 October 2012
...Christian Hott Purpose A comparison of fundamental house prices with actual prices indicates that house prices fluctuate more than fundamentally justified, a fact difficult to explain with standard rational agent models. The purpose of this paper is to evaluate to what extent herding behaviour...
