Purpose–The purpose of this paper is to examine the provisions of both the neoclassical
economics and new institutional economics theses and assesses the implications of their …

Are commercial real estate prices in metropolitan New York affected by the type or
nationality of the investors involved in a transaction? Previous research has highlighted …

Using a sample of CCIM designees and candidates in an experimental setting, this study
examines the impact of broker signaling in commercial real estate transactions. It also …

Trading commercial real estate involves a process of exchange that is costly and which
occurs over an extended and uncertain period of time. This has consequences for the …

This study explores how institutions affect the process of investment and the time it takes to
buy and sell commercial property in Lagos, Nigeria. We isolate institutional factors that …

Employing a large sample of office sales in the United States, we examine the price
distortion associated with dual brokerage, and how the distortion varies with the price of the …

Real estate brokers are ubiquitous in both residential and commercial real estate
transactions. There is a significant literature on the role and impact that residential brokers …

The importance of commercial real estate is clearly shown by the role it plays, worldwide, in
the sustainability of economic activities, with a substantial global impact when measured in …

This chapter examines the particular market practices of advanced producer services firms,
as both investors and intermediaries, in the commercial real estate markets of New York and …

Purpose This purpose of this paper is to introduce property researchers to the principles of
Austrian economics and to consider their methodological relevance and potential for …