Caudill, Steven B.; Mixon, Franklin G. - In: Journal of risk and financial management : JRFM 13 (2020) 5/105, pp. 1-8
The relative bargaining power of the buyer and seller is a key feature of real estate pricing models. Classic real estate studies have sought to address bargaining effects in hedonic regression models. Prior research proposes a procedure to estimate bargaining effects in hedonic regression...
