|
| << previous | next >> |
Journal description
All volumes of the corresponding journal
All issues of the corresponding volume
All articles of the corresponding issues
Details for article 6 of 13 found articles
| Title: |
Choices, values and time |
| Author: |
Bon, Ranko |
| Appeared in: |
Building research & information |
| Paging: | Volume 14 (1986) nr. 4 pages 223-225 |
| Year: |
1986-07 |
| Contents: |
Originating partly in discussions within the CIB working commission W55 - further examples of which are featured in this issue — this article considers a topic of wide general interest, namely why do so many building investment decisions apparently not conform to the 'rational' assumptions of standard discounting principles? It is argued that the theory may have to take account of the psychology of the actual decision-making process. The trade-offs between gains and losses are not symmetrical; a postponed loss of $x is less aversive than a postponed gain of $x is attractive. The author is Assistant Professor of Economics in Architecture at Massachusetts Institute of Technology. |
| Publisher: |
Routledge |
| Source file: |
Elektronische Wetenschappelijke Tijdschriften |
Details for article 6 of 13 found articles
| << previous | next >> |