The Welfare Effects of a Subsidy to Multiple Listing Services.

We show that the gain in consumer surplus resulting from subsidizing a Multiple Listing Service may exceed the cost of the subsidy. Thus a subsidy financed by taxing the consumer may be Pareto-improving. We give general conditions for this to hold. Copyright 1995 by Kluwer Academic Publishers

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Year of publication:	1995
Authors:	Sefton, Martin ; Yavas, Abdullah
Published in:	The Journal of Real Estate Finance and Economics. - Springer. - Vol. 11.1995, 1, p. 85-90
Publisher:	Springer

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Type of publication:	Article
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005547348