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Individuals are prone to significant errors when making value judgements through the use of <italic>heuristics</italic> (cognitive short cuts) to simplify decision making. This paper uses an economic experiment to investigate the strength of arbitrary <italic>anchors</italic> in judgements over house prices among a student...
Persistent link: https://www.econbiz.de/10010975409
<italic>Planning policy aimed at preserving the viability of UK town centres halted the wave of out‐of‐town shopping centres -- Schiller's ‘third wave’ of decentralization. Subsequently, a number of major in‐town shopping centres were developed in the UK. The first of these was the Oracle...</italic>
Persistent link: https://www.econbiz.de/10010975414
L<sc>izieri</sc> C. and P<sc>ain</sc> K. International office investment in global cities: the production of financial space and systemic risk, <italic>Regional Studies</italic>. The paper explores the relationships between UK commercial real estate and regional economic development as a foundation for the analysis of the role of...
Persistent link: https://www.econbiz.de/10010976798
In this paper, cluster analytical techniques are used to examine dimensions of diversification in UK commercial property markets. A variety of techniques are used on a dataset which contains property returns for 156 property markets (67 retail locations, 64 office locations and 25 industrial...
Persistent link: https://www.econbiz.de/10010887810
This paper argues that tenant placement strategies for large-scale multi-unit shopping centers differ depending on the number of floor levels. Two core strategies are identified: dispersion and departmentalization. There exists a trade-off between three income effects: basic footfall effects,...
Persistent link: https://www.econbiz.de/10010939219
Planning policy aimed at preserving the viability of UK town centres halted the wave of out-of-town shopping centres – Schiller’s “third wave” of decentralisation. In consequence,  a number of major in-town shopping malls were developed in the UK. The first of these was the Oracle...
Persistent link: https://www.econbiz.de/10005146649
Much prior research on the structure and performance of UK real estate portfolios has relied on aggregated measures for sector and region. For these groupings to have validity, the performance of individual properties within each group should be similar. This paper analyses a sample of 1,200...
Persistent link: https://www.econbiz.de/10005146655
Persistent link: https://www.econbiz.de/10007347423
This paper employs a unique dataset to analyse the retail rental levels of 1108 retail tenants in 148 UK regional shopping malls. The dataset integrates information regarding the characteristics of the shopping centre, the individual retailer, the brand, the individual unit occupied, the tenancy...
Persistent link: https://www.econbiz.de/10009294464
ERES:conference
Persistent link: https://www.econbiz.de/10010834350