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Use of z-Tree in Experimental Teaching in Real Estate Courses: Programming and Implementing the Housing Search Experiment

In: Proceedings of the 18th International Symposium on Advancement of Construction Management and Real Estate

Author

Listed:
  • Yang Zhang

    (Tsinghua University)

  • Hong Zhang

    (Beijing University of Civil Engineering and Architecture)

Abstract

Based on more and more success achieved by experimental methods in economics, finance, and more recently the real estate market, this paper conveys how to use the experimental software z-Tree to facilitate experimental teaching in real estate economics. In order to demonstrate the practicality of using z-Tree in experimental teaching in real estate courses, we designed the housing search experiment, programmed the experiment using z-Tree according to the experimental design, and implemented this experiment by z-Tree in the laboratory. Our intention is to encourage other faculty members to utilize z-Tree so as to improve the effectiveness of teaching.

Suggested Citation

  • Yang Zhang & Hong Zhang, 2014. "Use of z-Tree in Experimental Teaching in Real Estate Courses: Programming and Implementing the Housing Search Experiment," Springer Books, in: Donglang Yang & Yanjun Qian (ed.), Proceedings of the 18th International Symposium on Advancement of Construction Management and Real Estate, edition 127, chapter 0, pages 549-559, Springer.
    • Handle: RePEc:spr:sprchp:978-3-642-44916-1_53
    DOI: 10.1007/978-3-642-44916-1_53
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