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Journals
Real Estate Management and Valuation
Volume 31 (2023): Issue 3 (September 2023)
Open Access
Estimation of the Utility Function of Money and Housing Based on the Cumulative Prospect Theory
Justyna Brzezicka
Justyna Brzezicka
and
Mateusz Tomal
Mateusz Tomal
| Sep 07, 2023
Real Estate Management and Valuation
Volume 31 (2023): Issue 3 (September 2023)
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Published Online:
Sep 07, 2023
Page range:
83 - 92
DOI:
https://doi.org/10.2478/remav-2023-0024
Keywords
Utility function
,
cumulative prospect theory
,
certainty equivalent
,
housing
© 2023 Justyna Brzezicka et al., published by Sciendo
This work is licensed under the Creative Commons Attribution 4.0 International License.
Justyna Brzezicka
Department of Spatial Analysis and Real Estate Market, University of Warmia and Mazury in Olsztyn
Olsztyn, Poland
Mateusz Tomal
Department of Real Estate and Investment Economics, Cracow University of Economics
Cracow, Poland