Tsang, Chun-Kei; Wong, Wing-Keung; Horowitz, Ira - In: Studies in Economics and Finance 33 (2016) 4, pp. 735-754
Purpose This paper aims to investigate how a prospective buyer’s optimal home-size purchase can be determined by means of a stochastic-dominance (SD) analysis of the historical data of Hong Kong. Design/methodology/approach By means of SD analysis, the paper uses monthly property yields in...
