Construct · 1 fields · 1 citations

contract price confirmation bias: a standalone construct

One name. One construct. A landmark on the map.

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contract priceconfirmation bias1 CONSTRUCTContract priceERIKSEN · REAL ESTATE

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Real estate economics

the tendency of appraisers to report values that meet or slightly exceed the agreed purchase price, judged against later independent appraisals of the same home.

In real estate economics, contract price confirmation bias refers to the tendency of appraisers to report values that meet or slightly exceed the agreed purchase price, judged against later independent appraisals of the same home. This meaning comes from Eriksen (2019) in The Journal of Real Estate Finance and Economics.[1]

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Nearby constructs

bias6 fields · 8 citationsjingle · one name, six constructsconfirmation bias1 fields · 2 citationsanchor · a standalone constructestate2 fields · 2 citationsjingle · one word, two carriers

References

  1. Eriksen, M. D., Fout, H. B., Palim, M., & Rosenblatt, E. (2019). Contract Price Confirmation Bias: Evidence from Repeat Appraisals. The Journal of Real Estate Finance and Economics, 60(1-2), 77-98. https://doi.org/10.1007/s11146-019-09716-w

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