In recent years, mortgage lenders have encouraged borrowers to choose adjustable rate mortgages (ARMs), and regulators have allowed lenders wide latitude in determining mortgage features. Through analysis of survey data, this paper examines borrower characteristics and attitudes related to the...

This paper examines the complex relationship between selling price, listing price, housing features, housing market conditions, and marketing time in a large sample of single-family homes. A key finding is that, for houses of equal quality, marketing time varies with the level of contract...

This paper examines the combined effects of multicollinearity, parameter stability, and alternative function forms in hedonic regression models. The results indicate that the significance and stability of the regression coefficients as well as prediction accuracy are sensitive to the choice of...

Purpose -The purpose of this paper is to investigate coexistence of multiple distribution systems in property-casualty (P/C) insurance industry in the USA. Design/methodology/approach -Stochastic frontier analysis is used to measure cost and revenue efficiencies of P/C insurance companies...