Real Estate Valuation Theory A Critical Appraisal /

• Main Author: Mooya, Manya M. (Author)
• Corporate Author: SpringerLink (Online service)
• Format: Electronic eBook
• Language: English
• Published: Berlin, Heidelberg : Springer Berlin Heidelberg : Imprint: Springer, 2016.
• Edition: 1st ed. 2016.
• Subjects: Real estate management.; Schools of economics.; Economic theory.; Economics.; Economic Theory/Quantitative Economics/Mathematical Methods.; Heterodox Economics.; Real Estate Management.

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 theo...

Table of Contents:

• 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.