Using Behavioral and Experimental Design Methods to Teach Real Estate: Understanding Asset Pricing Bubbles

Hong Zhang, Yang Zhang and Michael Seiler ()

Journal of Real Estate Practice and Education, 2013, vol. 16, issue 2, 107-118

Abstract: Based on the burgeoning success achieved by behavioral and experimental methods in economics, finance, and more recently real estate, this paper conveys how to incorporate experimental methods into the traditional teaching of real estate. In order to demonstrate the practicality of experimental teaching in real estate courses, we designed and conducted an experiment centered on real estate pricing bubbles where students participate in the learning process. It is our intention to allow and encourage other faculty members to replicate the experience in their classrooms.

Date: 2013
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DOI: 10.1080/10835547.2013.12091725

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