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Yep, and "time" the original Freakonomics chapter was about comparing prices between houses owned by the realtors against those owned by their customers and it
by jaclaz 4y ago
Yep, and "time" the original Freakonomics chapter was about comparing prices between houses owned by the realtors against those owned by their customers and it came out that houses owned by realtors took more time to sell but were sold at a higher price, whilst in case of a slow sale the incentive was to convince the customers to lower the asking price:
http://pricetheory.uchicago.edu/levitt/Papers/LevittSyverson2004.pdf http://pricetheory.uchicago.edu/levitt/Papers/LevittSyverson...