Matches in SemOpenAlex for { <https://semopenalex.org/work/W4319789743> ?p ?o ?g. }
- W4319789743 endingPage "19" @default.
- W4319789743 startingPage "1" @default.
- W4319789743 abstract "Few studies have examined the psychological factors that shape real estate developers’ overbuilding behaviors in China. Through a behavioral lens, this study explores the effect of developers’ excessive optimism on the formation of overbuilding in Ordos City, China. It finds that excessive optimism, manifested by the firm yet unjustified belief in a long-lasting real estate boom, was prevalent among developers who built vacant and unfinished new residential projects in the Dongsheng District, Ordos. It also discovers the crucial roles of the pro-growth local governments and the booming real estate market—including the easy availability of credit, especially the pervasive informal finance—in reinforcing developers’ excessive optimism in Dongsheng. This study confirms the positive effect of market booms on investors’ excessive optimism. Moreover, it sheds light on the role of the state in shaping excessive optimism and reveals that the state’s proactive participation and investment in market transactions can reinforce developers’ over-optimism. This article suggests that studies on excessive optimism should adequately consider its socioeconomic and politico-institutional settings. This study verifies the validity and necessity of adopting a behavioral perspective to interpret China’s overbuilding and calls for further inquiry into the underexplored scholarship at the intersection of behavioral science and real estate development in China." @default.
- W4319789743 created "2023-02-11" @default.
- W4319789743 creator A5041364018 @default.
- W4319789743 creator A5066500716 @default.
- W4319789743 date "2023-02-07" @default.
- W4319789743 modified "2023-09-23" @default.
- W4319789743 title "Interpreting China’s overbuilding through a behavioral perspective: The role of developers’ excessive optimism" @default.
- W4319789743 cites W1276062466 @default.
- W4319789743 cites W1560055541 @default.
- W4319789743 cites W1605905222 @default.
- W4319789743 cites W1822641774 @default.
- W4319789743 cites W1967087523 @default.
- W4319789743 cites W1967330734 @default.
- W4319789743 cites W1986697188 @default.
- W4319789743 cites W1989575659 @default.
- W4319789743 cites W1989953817 @default.
- W4319789743 cites W2000856734 @default.
- W4319789743 cites W2004094289 @default.
- W4319789743 cites W2005741266 @default.
- W4319789743 cites W2007771497 @default.
- W4319789743 cites W2010350271 @default.
- W4319789743 cites W2021096623 @default.
- W4319789743 cites W2055313415 @default.
- W4319789743 cites W2062401529 @default.
- W4319789743 cites W2067915125 @default.
- W4319789743 cites W2073977251 @default.
- W4319789743 cites W2085798449 @default.
- W4319789743 cites W2092174578 @default.
- W4319789743 cites W2110928459 @default.
- W4319789743 cites W21173626 @default.
- W4319789743 cites W2129145285 @default.
- W4319789743 cites W2145046219 @default.
- W4319789743 cites W2149058050 @default.
- W4319789743 cites W2150167453 @default.
- W4319789743 cites W2185764662 @default.
- W4319789743 cites W2221257734 @default.
- W4319789743 cites W2242774540 @default.
- W4319789743 cites W2288829031 @default.
- W4319789743 cites W2504055714 @default.
- W4319789743 cites W2512532534 @default.
- W4319789743 cites W2543007711 @default.
- W4319789743 cites W2562457029 @default.
- W4319789743 cites W2596101149 @default.
- W4319789743 cites W2735110428 @default.
- W4319789743 cites W2750843263 @default.
- W4319789743 cites W2751566062 @default.
- W4319789743 cites W2762164006 @default.
- W4319789743 cites W2765326891 @default.
- W4319789743 cites W2765461318 @default.
- W4319789743 cites W2788054740 @default.
- W4319789743 cites W2804504824 @default.
- W4319789743 cites W2885057678 @default.
- W4319789743 cites W2942677713 @default.
- W4319789743 cites W2978532947 @default.
- W4319789743 cites W2979305653 @default.
- W4319789743 cites W3020894855 @default.
- W4319789743 cites W3021101003 @default.
- W4319789743 cites W3035073563 @default.
- W4319789743 cites W3121136522 @default.
- W4319789743 cites W3121352128 @default.
- W4319789743 cites W3121981620 @default.
- W4319789743 cites W3123502919 @default.
- W4319789743 cites W3124694690 @default.
- W4319789743 cites W3125137912 @default.
- W4319789743 cites W3173834345 @default.
- W4319789743 cites W4230727921 @default.
- W4319789743 cites W4248247248 @default.
- W4319789743 cites W4249933018 @default.
- W4319789743 cites W4250753478 @default.
- W4319789743 doi "https://doi.org/10.1080/07352166.2022.2157729" @default.
- W4319789743 hasPublicationYear "2023" @default.
- W4319789743 type Work @default.
- W4319789743 citedByCount "0" @default.
- W4319789743 crossrefType "journal-article" @default.
- W4319789743 hasAuthorship W4319789743A5041364018 @default.
- W4319789743 hasAuthorship W4319789743A5066500716 @default.
- W4319789743 hasConcept C10138342 @default.
- W4319789743 hasConcept C111472728 @default.
- W4319789743 hasConcept C12713177 @default.
- W4319789743 hasConcept C127413603 @default.
- W4319789743 hasConcept C138885662 @default.
- W4319789743 hasConcept C141441539 @default.
- W4319789743 hasConcept C144133560 @default.
- W4319789743 hasConcept C154945302 @default.
- W4319789743 hasConcept C15744967 @default.
- W4319789743 hasConcept C162324750 @default.
- W4319789743 hasConcept C17744445 @default.
- W4319789743 hasConcept C191935318 @default.
- W4319789743 hasConcept C199539241 @default.
- W4319789743 hasConcept C204017024 @default.
- W4319789743 hasConcept C27548731 @default.
- W4319789743 hasConcept C2776294082 @default.
- W4319789743 hasConcept C2778061430 @default.
- W4319789743 hasConcept C41008148 @default.
- W4319789743 hasConcept C50522688 @default.
- W4319789743 hasConcept C77805123 @default.
- W4319789743 hasConcept C82279013 @default.
- W4319789743 hasConcept C87717796 @default.