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Record Nr. |
UNINA9910254868303321 |
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Autore |
Mooya Manya M |
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Titolo |
Real Estate Valuation Theory : A Critical Appraisal / / by Manya M. Mooya |
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Pubbl/distr/stampa |
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Berlin, Heidelberg : , : Springer Berlin Heidelberg : , : Imprint : Springer, , 2016 |
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ISBN |
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Edizione |
[1st ed. 2016.] |
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Descrizione fisica |
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1 online resource (193 p.) |
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Disciplina |
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Soggetti |
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Economic theory |
Schools of economics |
Real estate management |
Economic Theory/Quantitative Economics/Mathematical Methods |
Heterodox Economics |
Real Estate Management |
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Lingua di pubblicazione |
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Formato |
Materiale a stampa |
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Livello bibliografico |
Monografia |
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Note generali |
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Description based upon print version of record. |
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Nota di bibliografia |
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Includes bibliographical references and index. |
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Nota di contenuto |
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Preface -- 1 Standard Theory of Real Estate Market Value: Concepts and Problems -- 2 Aristotle to Marshall: The Evolution of Economic Value Theory -- 3 Traditional Valuation Methods -- 4 Automated Valuation Models -- 5 Real Estate Markets and Neoclassical Economic Theory - A Heterodox Critique -- 6 An Alternative Theory of Market Value: Ontological Foundation -- 7 An Alternative Theory: Market Value as Convention and Market Value as Emergence -- 8 Applications to Problems of Theory and Practice -- Postscript. |
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Sommario/riassunto |
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This monograph critically reviews and updates real estate valuation theory, which is based on neoclassical economics, in light of developments in heterodox economic theory. Building on a comprehensive historical account of the evolution of value theory, the book uses new institutional economics theory and critical realism as lenses through which problems in standard valuation theory and practice are expatiated, and as the foundation for an alternative theory. The new theory is employed to explain major problems in real estate valuation that are beyond the capability of the standard theory, such as |
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