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Imperfect and costly information generates price dispersion in the market. This study employs data on housing assets listed for sale on a leading online classified home service in Israel to assess the effect of quality-adjusted housing price dispersion on time-on-market. We develop a model by...
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We test whether the tendency to overvalue a free service over a paid alternative may lead to inferior economic outcomes. We use data from an online classified home service in Israel that allows sellers to offer their housing units for sale under either free-basic or paid-premium listing...
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This paper explores preferences and choices in the real estate market from a personality perspective. First, we employ micro-level data on individual scores on the Big Five personality test and personal financial real estate preferences to evaluate the role of personality in individual real...
Persistent link: https://www.econbiz.de/10011220530