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Household Analysis x Information, Knowledge, and Uncertainy x Housing Markets, Production Analysis, and Business Location x clear all

Testing for Information Asymmetries in Real Estate Markets

Pablo Kurlat and Johannes Stroebel.

in The Review of Financial Studies

August 2015; p ublished online May 2015 .

Journal Article. Subjects: Information, Knowledge, and Uncertainy; Housing Markets, Production Analysis, and Business Location; Financial Markets; Economics; Household Analysis. 13357 words.

In housing markets, neighborhood characteristics are a key source of information heterogeneity: sellers are usually better informed about neighborhood values than buyers are, but some...