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Information Economics with Real Estate Applications
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Information Economics with Real Estate Applications

Book Details

Format Hardback or Cased Book
ISBN-10 1032287748
ISBN-13 9781032287744
Publisher Taylor & Francis Ltd
Imprint Routledge
Country of Manufacture GB
Country of Publication GB
Publication Date Jun 13th, 2023
Print length 182 Pages
Weight 516 grams
Dimensions 18.50 x 26.20 x 1.80 cms
Ksh 26,100.00
Werezi Extended Catalogue 0 in stock

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The purpose of this book is to give the reader an introduction to information economics in the context of applied real estate scenarios. It is ideal reading for courses in real estate economics, information economics, and real estate management.

Information Economics with Real Estate Applications provides the reader with an academic toolkit to understand strategic interactions of individuals and companies in a world of scarce resources and asymmetric information. Beyond theoretical frameworks and models, examples in the real estate and construction industry are used to illustrate the practical relevance of the concepts discussed.

Property developers, brokers, construction firms and investment managers – as individuals or companies – make decisions in response to their clients’, customers’ and partners’ behaviours. To align conflicting interests and achieve optimal outcomes for individuals, companies and society at large, those interactions need to be governed efficiently. Using models from microeconomics and contract theory, this book helps the reader to analyse the complex relations between different industry stakeholders from the perspective of markets and organisations.

Although it mainly targets students at the Masters or PhD level in real estate or similar subjects without previous knowledge in information economics, the general theory presented should be of interest to any student who wants an introductory text in information economics. At the same time, by building upon real-world examples, the book allows industry practitioners to reflect on and optimise their strategic decision-making in a more structured way.


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