Reducing the property appraisal bias with decision support systems: An experimental investigation in the South African property market

Background – Researchers have observed that valuation accuracy and valuation variation are caused by human adaptive approaches called cognitive shortcuts. Of particular interest for valuation tasks is the susceptibility of decision-makers to the anchoring and adjustment heuristic, a mental shortcut...

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Veröffentlicht in:Journal of African Real Estate Research 2019-07, Vol.4 (1), p.108-138
Hauptverfasser: Evans, Kathleen Margaret, Lausberg, Carsten, Sui Sang How, Jesse
Format: Artikel
Sprache:eng
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