Use of z-Tree in Experimental Teaching in Real Estate Courses: Programming and Implementing the Housing Search Experiment

Yang Zhang () and Hong Zhang ()
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Yang Zhang: Tsinghua University
Hong Zhang: Beijing University of Civil Engineering and Architecture

Chapter Chapter 53 in Proceedings of the 18th International Symposium on Advancement of Construction Management and Real Estate, 2014, pp 549-559 from Springer

Abstract: Abstract Based on more and more success achieved by experimental methods in economics, finance, and more recently the real estate market, this paper conveys how to use the experimental software z-Tree to facilitate experimental teaching in real estate economics. In order to demonstrate the practicality of using z-Tree in experimental teaching in real estate courses, we designed the housing search experiment, programmed the experiment using z-Tree according to the experimental design, and implemented this experiment by z-Tree in the laboratory. Our intention is to encourage other faculty members to utilize z-Tree so as to improve the effectiveness of teaching.

Keywords: z-tree; Behavioral and experimental real estate; Experimental teaching methods; Housing search (search for similar items in EconPapers)
Date: 2014
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-642-44916-1_53

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DOI: 10.1007/978-3-642-44916-1_53

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