Shum, Matthew; Sun, Wei; Ye, Guangliang - In: Journal of Comparative Economics 42 (2014) 1, pp. 109-117
Using a sample of apartment transactions during 2004–2006 in Chengdu, China, we investigate the impact of superstitions in the Chinese real estate market. Numerology forms an important component of Chinese superstitious lore, with the numbers 8 and 6 signifying good luck, and the number 4 bad...