Testing for rational bubbles in the UK housing market
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DOI: 10.1080/00036846.2020.1820440
Abstract: ABSTRACT Over the past decade, the UK has witnessed significant booms in the real estate market, and housing prices have experienced increases. Since 1997, the housing price has almost tripled, which is far beyond the… read more here.
Keywords: testing rational; rational bubbles; market; housing ... See more keywords
Testing rational choice theories of institutional change
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DOI: 10.1177/1043463118803689
Abstract: Having empirically identified institutions as critical determinants of socioeconomic outcomes, social scientists are starting to turn their attention to empirically identifying sources of institutional change. Rational choice scholars offer two theories of such change: conflict… read more here.
Keywords: testing rational; institutional change; rational choice; choice theories ... See more keywords