Add to ORKGMoney illusion is a behavioral bias in which a person thinks in terms of nominal rather than real values. This article reports homeowners\u27 responses to a survey designed to measure the extent of money illusion as well as homeowners\u27 expectations regarding home valuations. Our survey respondents suffer from money illusion, yet they have reasonable expectations of home prices. Our analysis did not identify any unique individual characteristic that correlates with homeowners\u27 choices and suggests that the relationship between money illusion and mispricing is subtle and multifaceted
Self-reported home values are widely used as a measure of housing wealth by researchers employing a ...
We would like to thank the editor Stefan Trautmann, the two anonymous reviewers, Hélène Huber for th...
Money illusion means that people behave differently when the same objective situation is represented...
Money illusion is a behavioral bias in which a person thinks in terms of nominal rather than real va...
Money illusion is a behavioral bias in which a person thinks in terms of nominal rather than real va...
A reduction in ination can fuel run-ups in housing prices if people su¤er from money illusion. For e...
A reduction in inflation can fuel run-ups in housing prices if people suffer from money illusion. Fo...
Money and Interest Rate Illusions in the housing market are biases affecting the behaviour of playe...
A reduction in ination can fuel run-ups in housing prices if people su¤er from money illusion. For e...
The renter illusion hypothesis argues that renters are more likely to support local public expenditu...
This article analyses the implications of money illusion for investor behaviour and asset prices in ...
A reduction in ination can fuel run-ups in housing prices if people su¤er from money illusion. For e...
Money illusion means that people behave differently when the same objective situation is represented...
Self-reported home values are widely used as a measure of housing wealth by researchers employing a ...
We would like to thank the editor Stefan Trautmann, the two anonymous reviewers, Hélène Huber for th...
Money illusion means that people behave differently when the same objective situation is represented...
Money illusion is a behavioral bias in which a person thinks in terms of nominal rather than real va...
Money illusion is a behavioral bias in which a person thinks in terms of nominal rather than real va...
A reduction in ination can fuel run-ups in housing prices if people su¤er from money illusion. For e...
A reduction in inflation can fuel run-ups in housing prices if people suffer from money illusion. Fo...
Money and Interest Rate Illusions in the housing market are biases affecting the behaviour of playe...
A reduction in ination can fuel run-ups in housing prices if people su¤er from money illusion. For e...
The renter illusion hypothesis argues that renters are more likely to support local public expenditu...
This article analyses the implications of money illusion for investor behaviour and asset prices in ...
A reduction in ination can fuel run-ups in housing prices if people su¤er from money illusion. For e...
Money illusion means that people behave differently when the same objective situation is represented...
Self-reported home values are widely used as a measure of housing wealth by researchers employing a ...
We would like to thank the editor Stefan Trautmann, the two anonymous reviewers, Hélène Huber for th...
Money illusion means that people behave differently when the same objective situation is represented...