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- Title
Bidding in Real Estate: A Game Theoretic Approach.
- Authors
Kim, Taewon
- Abstract
Taking advantage of recent developments in bargaining theory. we examine the bidding process for residential real estate. Within this game theoretic context, we consider whether the phenomenon of buyer's remorse is compatible with the rationality required of participants.
- Subjects
REAL property; REAL property surveys; RESIDENTIAL real estate; COMMERCIAL real estate; PURCHASING agents; BIDDERS
- Publication
Journal of Real Estate Finance & Economics, 1989, Vol 2, Issue 4, p239
- ISSN
0895-5638
- Publication type
Article
- DOI
10.1007/BF00177946