Advertisement

Graaskamp and the Definiton of Rigorous Research

  • John M. Clapp
  • Dowell Myers
Part of the Research Issues in Real Estate book series (RIRE, volume 6)

Abstract

James A. Graaskamp is renowned as one of the great “gurus” of the academic real estate profession, but he stimulated sharp differences of opinion between devotees and nonbelievers. The divided evaluations of Graaskamp’s contributions were more than personal and reflected deep divisions in the philosophy of science and knowledge, including the proper relations between science and profession and centering on the notion of rigor. His career was positioned at the transition from urban land economics to the field that became known as the unew urban economics.” This was a transition from inductive problem solving to a deductive scientific mode. Accompanying this transition were changing notions of rigor, shifting from emphasis on thoroughness to more focused, mathematical precision. Today, scholars are learning to embrace elements of both traditions. Placed within this broader intellectual history, Graaskamp’s contributions can be better understood.

Keywords

Real Estate Institutional Economic Urban Economic Rigorous Research Real Estate Investment 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

Preview

Unable to display preview. Download preview PDF.

Unable to display preview. Download preview PDF.

References

  1. Aaker, David, ed. (1971). Multivariate Analysis in Marketing: Theory and Application. Belmont, CA: Wadsworth Press.Google Scholar
  2. Alonso, William. (1960). “A Model of the Urban Land Market: Location and Densities of Dwellings and Businesses.” Dissertation, University of Pennsylvania.Google Scholar
  3. Alonso, William. (1964). Location and Land Use. Cambridge, MA: Harvard University Press.Google Scholar
  4. Andrews, Richard. (1971). Urban Land Economics and Public Policy. New York: Free Press.Google Scholar
  5. Argyris, C. (1980). Inner Contradictions of Rigorous Research. New York: Academic Press.Google Scholar
  6. Bell, Daniel. (1980). “Models and Reality in Economic Discourse.” Public Interest (Special issue).Google Scholar
  7. Bok, Derek Curtis. (1990). Universities and the Future of America. Durham, NC: Duke University Press.Google Scholar
  8. Clapp, J.M., M.A. Goldberg, and D. Myers. (1991). “Crisis in Methodology: Paradigms vs. Practice in Real Estate Research.” Draft paper, University of Connecticut.Google Scholar
  9. Friedman, Milton. (1953). “The Methodology of Positive Economics.” In Essays on Positive Economics. Chicago: University of Chicago Press.Google Scholar
  10. Goldberg, Michael A., and Peter Chinloy. (1984). Urban Land Economics. New York: Wiley.Google Scholar
  11. Gordon, S. (1991). The History and Philosophy of Social Science. London: Routledge.CrossRefGoogle Scholar
  12. Graaskamp, James A. (1957). “Development and Structure of Mortgage Loan Guaranty Insurance in the United States.” Journal of Risk and Insurance 34(1) (March), 47–67.Google Scholar
  13. Graaskamp, J.A. (1969). “A Practical Computer Service for the Income Approach.” Appraisal Journal 37 (January), 50–57.Google Scholar
  14. Graaskamp, J.A. (1970). A Guide to Feasability Analysis. Chicago: Society of Real Estate Appraisers.Google Scholar
  15. Graaskamp, J.A. (1972). “A Rational Approach to Feasibility Analysis.” Appraisal Journal 40 (October), 513–521.Google Scholar
  16. Graaskamp, James A. (1976). “Impressions on the Marketability of TDR’s, or Toward the Science of Cubernetics in the Space Age.” Appraisal Journal 44(3) (July), 436.Google Scholar
  17. Graaskamp, J.A. (1977). “An Approach to Real Estate Finance Education by Analogy to Risk Management Principles.” Real Estate Issues 2 (Summer), 53–70.Google Scholar
  18. Graaskamp, J.A. (1981). Fundamentals of Real Estate Development. Washington, DC: Urban Land Institute.Google Scholar
  19. Graaskamp, James A. (1991). “Overcoming the Obstacles to Education.” In S.P. Jarchow, Graaskamp on Real Estate (pp. 71–72). Washington, DC: Urban Land Institute. Reprinted from Journal of Real Estate Education 2(4) (Winter 1983–1984).Google Scholar
  20. Hoch, I. (1969). Progress in Urban Economics: The Work of the Committee on Urban Economics, 1959–1968, and the Development of the Field. New York: Resources for the Future.Google Scholar
  21. Jarchow, S.R (1991). Graaskamp on Real Estate. Washington, DC: Urban Land Institute.Google Scholar
  22. Klein, L.R. (1962). An Introduction to Econometrics. Englewood Cliffs, NJ: Prentice-Hall.Google Scholar
  23. Kuhn, T.S. (1970). The Structure of Scientific Revolutions (2nd ed.). Chicago: University of Chicago Press.Google Scholar
  24. Lahey, K.E., and J.R. Webb. (1987). “An Overview of Real Estate Higher Education and Research.” Real Estate Appraiser and Analyst (Spring), 54–61.Google Scholar
  25. Learner, Edward E. (1983). “Lets Take the ‘Con’ Out of Econometrics.” The American Economic Review 73(1) (March), 31–43.Google Scholar
  26. Learner, Edward E., and Leonard, Herman B. (1983). “Reporting the Fragility of Regression Estimates.” Review of Economics and Statistics 65(2) (May), 306–317.CrossRefGoogle Scholar
  27. Losch, August (1954). The Economics of Location. New York: McGraw Hill.Google Scholar
  28. Malinvaud, E. (1966). Statistical Methods of Econometrics. Translated by A. Silvey. Chicago: Rand McNally.Google Scholar
  29. McAleer, Michael, Adrian R. Pagan, and Paul A. Volker. (1985). “What Will Take the Con Out of Econometrics?” The American Economic Review 75(3) (June), 293–307.Google Scholar
  30. McCloskey, Donald N. (1983). “The Rhetoric of Economics.” Journal of Economic Literature 21(2) (June), 481–517.Google Scholar
  31. Mills, Edwin S. (1972). Urban Economics. Glenview. IL: Scott, Foresman.Google Scholar
  32. Muth, Richard F. (1969). Cities and Housing: The Spatial Pattern of Urban Residential Land Use. Chicago: University of Chicago Press.Google Scholar
  33. Popper, Karl. (1959). Logic of Scientific Discovery. New York: Basic Book.Google Scholar
  34. Ratcliff, Richard U. (1965). Modern Real Estate Valuation. Madison, WI: Democrat Press.Google Scholar
  35. Ratcliff, Richard U. (1976). Recent Perspectives in Urban Land Economics. Vancouver: University of British Columbia Press.Google Scholar
  36. Ratcliff, Richard U. (1984). Foreword. In Michael Goldberg and Peter Chinloy, Urban Land Economics. New York: Wiley.Google Scholar
  37. Roughgarden, Jonathan. (1983). “Competition and Theory in Community Ecology.” American Naturalist 122(5) (November) pp. 583–601.CrossRefGoogle Scholar
  38. Stiglitz, Joseph S. (1987). “The Causes and Consequences of the Dependence of Quality on Price.” The Journal of Economic Literature 25(1), 1–48.Google Scholar
  39. Theil, H. (1958). Economic Forecasts and Policy. Amsterdam: North Holland.Google Scholar
  40. Theil, H. (1971). Principles of Econometrics. New York: Wiley.Google Scholar
  41. Weiss, M.A. (1989). “Richard T. Ely and the Contribution of Economic Research to National Housing Policy, 1920–1940.” Urban Studies 26, 115–126.CrossRefGoogle Scholar

Copyright information

© Springer Science+Business Media New York 2000

Authors and Affiliations

  • John M. Clapp
    • 1
  • Dowell Myers
    • 2
  1. 1.Center for Real EstateThe University of ConnecticutUSA
  2. 2.Lusk Center for Real EstateThe University of Southern CaliforniaUSA

Personalised recommendations