A Study of Bidders' Decision Behavior in Court Auctioned Buildings Market

Yu-Ting Hung ； Ko-Wan Tsou

《規劃學報》 31期 (2004/12) Pp. 27-41

https://doi.org/10.6404/JP.200412.0027

並列摘要

This study focuses on individual decision behavior in the court auctioned buildings market. Applying the Prospect Theory, which integrates the views of economics and psychology to probe into the factors affecting an individual's preference attitudes and decision behavior while facing court auctioned buildings. The outcomes of this study are as the follows: (1) framing effect; (2) preferences reverse; (3) reverse relation between risk time and individual's decision; (4) change of decision under conditions of individuals being differentially informed.

並列關鍵字

Prospect Theory ； Court auctioned building ； Decision behavior

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