Quasi-rational behaviour in the property and construction market
Language: English Series: Construction Management and Economics ; 17(1) January 1999, 21-27(7)Publication details: 1999Subject(s): Summary: Discusses the idea of quasi-rationality ie. behaviour which is consistent but not rational, amongst construction and property professionals in relation to perceptions of salary levels and risk aversion in agreeing contracts for property development. The implications of this for the property and constructions markets are discussed.| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| Journal article | London Journal article | ABS59902 (Browse shelf(Opens below)) | 1 | Available | 91076-1001 |
Discusses the idea of quasi-rationality ie. behaviour which is consistent but not rational, amongst construction and property professionals in relation to perceptions of salary levels and risk aversion in agreeing contracts for property development. The implications of this for the property and constructions markets are discussed.