||OPTIMAL SELLING MECHANISM, AUCTION DISCOUNTS, AND TIME ON MARKET
||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.
|Year of publication:
||Property price, Time-on-market, Stochastic dominance, Risk neutral, Risk averse
Gan, Quan (2010).
OPTIMAL SELLING MECHANISM, AUCTION DISCOUNTS, AND TIME ON MARKET. 17th Annual European Real Estate Society Conference in Milan, Italy,