This paper examines Internet usage and the effect on buyer search efficiency using a two-stage Heckman procedure. Results indicate that as Internet usage increased, search duration increased, which differs from earlier research that found that the Internet had no significant effect on search...

This article examines the productive efficiency levels present in the market for residential real estate brokerage services by employing the stochastic frontier approach. The only prior study (Anderson, Zumpano, Elder and Fok, 1998) that examined productive efficiency in this sector employed...

Earlier research has found that specialization by real estate agents creates economies of scope for real estate firms. So far, however, no research has addressed this issue at the agent level. The question this research seeks to answer is whether specialization in one side of the real estate...