Causality of herding in investment decision making within the residential property market: an experimental approach
The data set consists of the raw data for the 3 main groups that were experimented on, which are the real estate developers, male and female college graduates, and undergraduate students. Values found in the data are mainly descriptive statistics describing the participant demographics, and the valuations of the participants within the experiment. The valuations are again split into three categories, which are the initial valuations, socially influenced valuations, and normative influenced valuations. Each of the groups are tested separately using the hypotheses specified in the research paper. The statistical tests that were used in the analysis are correlation tests, reliability tests, moderated regression analysis and also non-parametric tests due to the distribution of the data which cannot be concluded as a normally distributed data set.