000 01121cam a2200193 4500
001 ABS61282
008 000000n1999 000 0 eng u
035 _a(Sirsi) u101908
100 _aHavard, T.
245 _aDo valuers have a greater tendency to adjust a previous valuation upwards or downwards?
260 _c1999
490 _aJournal of Property Investment and Finance
_v17(4) 1999, 365-373(5)
520 _aValuers are often aware of previous valuation figures or have knowledge of transaction prices. This most frequently occurs in loan security valuations and investment asset valuations. Earlier research has suggested that valuers may be biased by this knowledge. Examines experimentally whether valuers have a greater tendency to adjust a valuation upwards when they have knowledge of a previous low valuation than they are to adjust a valuation downwards when they have knowledge of a previous high valuation. Preliminary findings suggest this is the case.
650 _aValuation
_96273
650 _aASSET VALUATION
650 _aACADEMIC RESEARCH
690 _aRATING AND VALUATION
942 _n0
999 _c61006
_d61006