OPTIMAL SELLING MECHANISM, AUCTION DISCOUNTS, AND TIME ON MARKET
||OPTIMAL SELLING MECHANISM, AUCTION DISCOUNTS, AND TIME ON MARKET
||17th Annual European Real Estate Society Conference in Milan, Italy
||First, I obtain some new results that are applicable to all continuous distributions on a finite support. Second, I make major corrections to the results of the partial recall scenario. Third, I discuss whether the mean-variance preferences are suitable for the seller in the sequential search with recall model.
||Property price, Time-on-market, Stochastic dominance, Risk neutral, Risk averse
||file.pdf (376,424 bytes)
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||Real Estate Risk Management (1)
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