...Moshe Szweizer Purpose The purpose of this study is to provide a chaos theory-based framework, which can be used to model commercial property market dynamics. Design/methodology/approach The paper is presented in two parts. In the first, rigorous mathematical reasoning is entertained, so...

... part, we discuss still another characteristic point of the cycle, which relates to the stage when developers elect to undertake new projects. This analysis is done by employing the chaos theory, and its relation to the cyclic evolution. Findings It is found that some markets cycle, while others...