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Search and credit frictions in the housing market

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Chapter 13. The Microstructure of Housing Markets : Search, Bargaining, and Brokerage

Han, Lu; Strange, William C. - In: Handbook of regional and urban economics : volume 5, (pp. 813-886). 2015

This chapter surveys the literature on the microstructure of housing markets. It considers one-sided search, random matching, and directed search models. It also examines the bargaining that takes place once a match has occurred, with the bargaining taking various forms, including two-party...

Persistent link: https://www.econbiz.de/10014025302