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Asking Price Mechanism with Dynamic Arrivals [PDF]
, 2014 This paper studies a popular selling mechanism relevant to the Australian housing market in which the seller of the object posts an asking price to attract potential buyers for further negotiations. The game is studied in a dynamic setting with the possibility of more than one potential buyer arriving at each period.
Khezr, Peyman, Sengupta, Abhijit
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Residential property price indices using asking prices: the case of Cyprus
2022This paper uses micro data on property advertisements published in widely circulated newspapers and online to construct residential price indices for Cyprus. The sample covers the period from 2000Q1 to 2018Q2 and contains information on various property characteristics (e.g. property type, size, location).
Andreou, Sofia N. +1 more
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Bid and Ask Prices in Hierarchical Trees
1997The main problem with the models of Chapter 3 is that in a natural economic environment equilibrium may fail to exist. In particular, this is the case if one considers the simple model of successive monopolies in which all agents are consumers. The reason for this is that the institutional characteristic of mono pricing does not enable the dominating ...
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Asymmetric Price Distribution and Bid–Ask Quotes in the Stock Options Market*
Asia-Pacific Journal of Financial Studies, 2012Kalok Chan
exaly