|
|||||
|
|
Depreciation,adverse selection and housing markets |
|
| Authors: | Peter T. Chinloy |
| Affiliation: | University of British Columbia Canada |
| Abstract: | Implications of incomplete buyer and seller information on product quality are considered for the durable goods market. Hypotheses on price paths over a working life for durables of a given vintage are formulated. Some empirical results for single-family dwellings are used to test the hypotheses. |
| Keywords: | |
| 本文献已被 ScienceDirect 等数据库收录！ | |