Xiang, Guocheng; Tang, Juan; Yao, Shuntian - In: Journal of risk and financial management : JRFM 15 (2022) 10, pp. 1-17
This paper constructs a mathematical model to study China’s urban real estate markets, in which there are different types of demands from house buyers, and housing suppliers adopt the strategy of quality differentiation second-degree price discrimination. Our theoretical result shows that, in...
