In this paper, we study consumer search in a housing market subject to objective frictions induced by intermediaries and psychological frictions intrinsic to in tenants themselves. Using rental data from a leading real estate brokerage company during 2016 and 2018, we find a unimodal...

In this paper, we consider a housing market subject to objective and psychological search frictions. Using rental data from a leading real estate brokerage company during 2016 and 2018, we find a normal distribution of objective frictions and a bimodal distribution of subjective frictions, which...

This paper studies whether (and how) corporate decisions are affected by internal factors (such as the financial conditions of own company) and external factors (such as the actions of local competitors) in an imperfectly competitive environment. We study the listed real estate developers in...