A Comparison of Prices Brought by English Auctions and Private Negotiations
Year: 1996
Type: article
Abstract: A comparison of house prices brought by English auctions and private negotiations produced evidence that the pricing mechanism matters. In an active market for middle‐ to high‐priced houses, auctions extracted higher prices than private negotiations.
Source: Real Estate Economics
Author: Kenneth M. Lusht
Institution: Pennsylvania State University
Language: English
Topic: Housing Market and Economics
Subfield: Economics and Econometrics
Domain: Social Sciences
Open Access status: green
OpenAlex ID: W1996169042