However, this does not mean that a lender cannot question the appraiserâs findings or. provide factual information (such as comparable market data) for further consideration by the appraiser. This. approach will ensure that the appraiser will remain free of any outside influence in the valuation process.
Name(s): Expectancy Theory of Motivation also known as Valence-Instrumentality- Expectancy Theory. Author: Victor H. Vroom developed the theory from his study on the motivation behind decision-making. Classification: Cognitive or Need-to-Know Motivation Theories. Year: 1964, Porter and Lawler provided an extension to the model in 1968.
Observer Expectancy Effect. The observer expectancy effect, also called the experimenter expectancy effect, is a phenomenon that can occur when a researcherâs beliefs or expectations cause him or her to unconsciously influence the participants of an experiment. In order to conserve the internal validity of an experiment, researchers can use a double-blind experimental design.