Group Decision-Making and Belief-Systems in REITs and “RECs”: Theories of Financial Stability, Antitrust, Games and Complex Systems

  • Michael I. C. Nwogugu


This chapter introduces testable theories of behavioral biases and structural effects that are inherent in real estate operations and transactions around the world. “Structural Effects” refers to effects and phenomena that arise partly or primarily from the nature of the real estate industry (eg. usage-of-trade; applicable regulations; knowledge; etc.).


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Authors and Affiliations

  • Michael I. C. Nwogugu
    • 1
  1. 1.EnuguNigeria

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