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Keywords: Status quo bias
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Journal Articles
Decision making in the pre-development stage of residential development
Available to Purchase
Journal of Property Investment & Finance (2017) 35 (2): 160–183.
Published: 06 March 2017
... choices to avoid losses, even if the risk of loss is low. Moreover, status quo bias has a low influence on Thai developers: they tend to become attached to the areas they develop, but remain flexible in selecting a project type that fits the land. In addition, PR and the framing effect affect only some...
