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This text deals with the topic of housing shortage vs. residential vacancy – housing market intervention as a task of politics? At the beginning there will be some basic assertions on the relation of market vs. state, especially bearing in mind, the overall importance and social responsibility...
Persistent link: https://www.econbiz.de/10010892209
There are four major challenges for housing policy in the near and midterm future: First, rents in many German conurbations have been rising significantly faster than incomes over the last five years. Though it can rightly be argued, that the suggested policies of the new German federal...
Persistent link: https://www.econbiz.de/10010892211
The regional differences in the housing markets are enormous and will continue to exacerbate in the future. The main task for the housing policy is to take appropriate long term measures depending on the market structure. A central aspect of future housing policy is the site development....
Persistent link: https://www.econbiz.de/10010892216
substitutability parameter in an intermediation model with differentiated products and inputs. Intuitively, effects in the product and …
Persistent link: https://www.econbiz.de/10009003560
We extend the results of Bartling and Fischbacher (Rev. Econ. Stud. 79(1):67–87, <CitationRef CitationID="CR1">2012</CitationRef>) by showing that, by delegating to an intermediary, a dictator facing an allocation decision can effectively shift blame onto the delegee even when doing so necessarily eliminates the possibility of a fair...</citationref>
Persistent link: https://www.econbiz.de/10010988979
In frictional matching markets with heterogeneous buyers and sellers, sellers incur discrete showing costs to show goods to buyers who incur discrete inspection costs to assess the suitability of the goods on offer. We study how brokers can help reduce these costs by managing the level and mix...
Persistent link: https://www.econbiz.de/10010850118
There is burgeoning discussion in the literature about trade intermediaries and more precisely about their specific role in trade. Using very original data, our article sheds light on the behavior of trade intermediaries when importing fresh fruits and vegetables in France. To do so, we...
Persistent link: https://www.econbiz.de/10010881196
intermediaries pursue prot opportunities by providing intermediation services (i.e. "liquidity") in exchange for an endogenous fee …
Persistent link: https://www.econbiz.de/10010884503