Valuation tools and politicians’ willingness to sell public real estate : a survey experiment

Research output: Journal Publications and Reviews (RGC: 21, 22, 62)21_Publication in refereed journalpeer-review

1 Scopus Citations
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Author(s)

Detail(s)

Original languageEnglish
Pages (from-to)882-902
Journal / PublicationPublic Management Review
Volume24
Issue number6
Online published29 Jan 2021
Publication statusPublished - 2022
Externally publishedYes

Link(s)

Abstract

Public managers often employ valuation tools to support policymakers. These tools are expected to rationalize decision-making. Using a vignette-based, randomized survey experiment with Flemish politicians, the authors study the effect of the type of valuation tool, valuation outcome, and asset salience on politicians’ willingness to sell public real estate assets. The purpose is to test whether valuation tools indeed spark rational reactions from politicians, thus demonstrating their value as decision-making support. Findings suggest that cognitive biases emerge when politicians are confronted with valuation tools. Public managers need to take those biases in account when employing valuation tools.

Research Area(s)

  • cognitive bias, political decision-making, public real estate management, survey experiment, Valuation tool

Citation Format(s)

Valuation tools and politicians’ willingness to sell public real estate : a survey experiment. / Huijbregts, Rowie; George, Bert; Bekkers, Victor.

In: Public Management Review, Vol. 24, No. 6, 2022, p. 882-902.

Research output: Journal Publications and Reviews (RGC: 21, 22, 62)21_Publication in refereed journalpeer-review

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