Environmental risk: potential rational borrower behaviour
John C. Groth
(Professor of Finance in the College of Business, at the Texas A&M University, College Station, Texas, USA)
Mark W. Baumann
(Associate Research Social Scientist in the Real Estate Center, at the Texas A&M University, College Station, Texas, USA)
26215
Abstract
Addresses the conceptual consequences of rational behaviour in the context of potential outcomes from environmental risk. Identifies the main scenarios faced by a borrower and the behaviour one might expect given the circumstances. Focuses on the implications of borrower behaviour.
Keywords
Citation
Groth, J.C. and Baumann, M.W. (1995), "Environmental risk: potential rational borrower behaviour", Journal of Property Finance, Vol. 6 No. 4, pp. 33-44. https://doi.org/10.1108/09588689510104051
Publisher
:MCB UP Ltd
Copyright © 1995, Company