IDEAS home Printed from https://ideas.repec.org/a/vrs/remava/v25y2017i3p74-86n8.html
   My bibliography  Save this article

Issue Of Risk In Literature

Author

Listed:
  • Cichulska Aneta
  • Wisniewski Radosław

    (Faculty of Geodesy, Geospatial and Civil Engineering, University of Warmia and Mazury in Olsztyn, Olsztyn, Poland)

Abstract

Any attempt to explicitly define the property market involves an interdisciplinary approach. Commonly applied notions referring to the genesis of risk in the area of medicine, humanities and, in particular, social and other sciences, have a significant impact on the strictly technical definition. The juxtaposition of the established definitions concerning the phenomenon of risk is an attempt to refer their types and risk factors to the extensive subject area of risk concerning the property market itself. In the future, this may contribute to the development of new risk analysis methods or methods of determining its probability and, therefore, levelling the effect of uncertainty in developing real estate management processes. The aim of the paper is to carry out a review of literature for a deeper analysis of this issue.

Suggested Citation

  • Cichulska Aneta & Wisniewski Radosław, 2017. "Issue Of Risk In Literature," Real Estate Management and Valuation, Sciendo, vol. 25(3), pages 74-86, September.
  • Handle: RePEc:vrs:remava:v:25:y:2017:i:3:p:74-86:n:8
    DOI: 10.1515/remav-2017-0024
    as

    Download full text from publisher

    File URL: https://doi.org/10.1515/remav-2017-0024
    Download Restriction: no

    File URL: https://libkey.io/10.1515/remav-2017-0024?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Vincent T. Covello & Jeryl Mumpower, 1985. "Risk Analysis and Risk Management: An Historical Perspective," Risk Analysis, John Wiley & Sons, vol. 5(2), pages 103-120, June.
    2. Andrey Pavlov & Eva Steiner & Susan Wachter, 2015. "Macroeconomic Risk Factors and the Role of Mispriced Credit in the Returns from International Real Estate Securities," Real Estate Economics, American Real Estate and Urban Economics Association, vol. 43(1), pages 241-270, March.
    3. Athanasios Votsis & Adriaan Perrels, 2016. "Housing Prices and the Public Disclosure of Flood Risk: A Difference-in-Differences Analysis in Finland," The Journal of Real Estate Finance and Economics, Springer, vol. 53(4), pages 450-471, November.
    4. Mark Yuying An & Zhikun Qi, 2012. "Competing Risks Modelsusing Mortgage Duration Data under the Proportional Hazards Assumption," Journal of Real Estate Research, American Real Estate Society, vol. 34(1), pages 1-26.
    5. Marsha J. Courchane & Leonard C. Kiefer & Peter M. Zorn, 2015. "A Tale of Two Tensions: Balancing Access to Credit and Credit Risk in Mortgage Underwriting," Real Estate Economics, American Real Estate and Urban Economics Association, vol. 43(4), pages 993-1034, November.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Syed Alamdar Ali Shah, 2019. "Integration Of Financial Risks With Non Financial Risks: An Exploratory Study From Pakistani Context," Copernican Journal of Finance & Accounting, Uniwersytet Mikolaja Kopernika, vol. 8(2), pages 49-65.
    2. Michaletz Vladimir B. & Artemenkov Andrey, 2018. "The Transactional Assets Pricing Approach and Income Capitalization Models in Professional Valuation: Towards a “Quick” Income Capitalization Format," Real Estate Management and Valuation, Sciendo, vol. 26(1), pages 89-107, March.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Brent W. Ambrose & Brad Case & Seow Eng Ong, 2015. "Introduction to the Special Issue," Real Estate Economics, American Real Estate and Urban Economics Association, vol. 43(1), pages 1-7, March.
    2. Marco Modica & Roberto Zoboli & Fabrizio Meroni & Vera Pessina & Thea Squarcina & Mario Locati, 2021. "‘Near miss’ housing market response to the 2012 northern Italy earthquake: The role of housing quality and risk perception," Urban Studies, Urban Studies Journal Limited, vol. 58(11), pages 2293-2309, August.
    3. Mutlu, Asli & Roy, Debraj & Filatova, Tatiana, 2023. "Capitalized value of evolving flood risks discount and nature-based solution premiums on property prices," Ecological Economics, Elsevier, vol. 205(C).
    4. Thomas Kourouxous & Thomas Bauer, 2019. "Violations of dominance in decision-making," Business Research, Springer;German Academic Association for Business Research, vol. 12(1), pages 209-239, April.
    5. Zhou, Wenwen & Chen, Mengyao & Yang, Zaoli & Song, Xiaobo, 2021. "Real estate risk measurement and early warning based on PSO-SVM," Socio-Economic Planning Sciences, Elsevier, vol. 77(C).
    6. Liu, Xian & Noonan, Douglas, 2022. "Building underwater: Effects of community-scale flood management on housing development," Journal of Housing Economics, Elsevier, vol. 57(C).
    7. Kimberly M. Thompson & Paul F. Deisler & Richard C. Schwing, 2005. "Interdisciplinary Vision: The First 25 Years of the Society for Risk Analysis (SRA), 1980–2005," Risk Analysis, John Wiley & Sons, vol. 25(6), pages 1333-1386, December.
    8. Mark Abkowitz & Janey Camp, 2017. "Structuring an Enterprise Risk Assessment Protocol: Traditional Practice and New Methods," Risk Management and Insurance Review, American Risk and Insurance Association, vol. 20(1), pages 79-97, March.
    9. Paul Charles Cheshire & Katerina Kaimakamis, 2022. "Offices scarce but housing scarcer: Estimating the premium for London office conversions," Real Estate Economics, American Real Estate and Urban Economics Association, vol. 50(3), pages 743-766, September.
    10. Rob P. Rechard, 1999. "Historical Relationship Between Performance Assessment for Radioactive Waste Disposal and Other Types of Risk Assessment," Risk Analysis, John Wiley & Sons, vol. 19(5), pages 763-807, October.
    11. Jamie Alcock & Eva Steiner, 2018. "Fundamental Drivers of Dependence in REIT Returns," The Journal of Real Estate Finance and Economics, Springer, vol. 57(1), pages 4-42, July.
    12. Robert N. Killins, 2020. "Real estate prices and banking performance: evidence from Canada," Journal of Economics and Finance, Springer;Academy of Economics and Finance, vol. 44(1), pages 78-98, January.
    13. Wolski Rafał, 2017. "Risk And Return In The Real Estate, Bond And Stock Markets," Real Estate Management and Valuation, Sciendo, vol. 25(3), pages 15-22, September.
    14. Gong, Cynthia M. & Lizieri, Colin & Bao, Helen X.H., 2019. "“Smarter information, smarter consumers”? Insights into the housing market," Journal of Business Research, Elsevier, vol. 97(C), pages 51-64.
    15. Renee van Eyden & Geoffrey Ngene & Oguzhan Cepni & Rangan Gupta, 2022. "The Heterogeneous Impact of Temperature Growth on Real House Price Returns across the US States," Working Papers 202236, University of Pretoria, Department of Economics.
    16. Chien-Yuan Sher & Nai-Wei Chen & Yu-Hsi Liu & Ryan H. Murphy, 2021. "The impact of soil-liquefaction information disclosures on housing prices: evidence from Kaohsiung, Taiwan," The Japanese Economic Review, Springer, vol. 72(2), pages 217-241, April.
    17. Jie Wang & Biyu Peng & Xiaohua Xia & Zhu Ma, 2021. "Are Housing Prices Sustainable in 35 Large and Medium-Sized Chinese Cities? A Study Based on the Cheap Talk Game and Dynamic GMM," Sustainability, MDPI, vol. 13(22), pages 1-18, November.
    18. Xun Bian & Justin C. Contat & Bennie D. Waller & Scott A. Wentland, 2023. "Why Disclose Less Information? Toward Resolving a Disclosure Puzzle in the Housing Market," The Journal of Real Estate Finance and Economics, Springer, vol. 66(2), pages 443-486, February.
    19. M. Elisabeth Paté-Cornell & Robin L. Dillon, 2006. "The Respective Roles of Risk and Decision Analyses in Decision Support," Decision Analysis, INFORMS, vol. 3(4), pages 220-232, December.
    20. Vincent T. Covello, 1987. "Decision Analysis and Risk Management Decision Making: Issues and Methods," Risk Analysis, John Wiley & Sons, vol. 7(2), pages 131-139, June.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:vrs:remava:v:25:y:2017:i:3:p:74-86:n:8. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Peter Golla (email available below). General contact details of provider: https://www.sciendo.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.