Estimating financial information asymmetry in real estate transactions in China: An application of two-tier frontier model

Estimating financial information asymmetry in real estate transactions in China: An application of two-tier frontier model

This study applies the two-tier stochastic frontier model to estimate the distribution of housing transaction information in Hangzhou, Wenzhou, Ningbo, and Jinhua (four cities in Zhejiang Province, China) during the year 2018, to analyze the difference in the price information acquired by the buyers...

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Bibliographic Details
Main Authors: PU, Ganlin, ZHANG, Ying, CHOU, Li-Chen
Format: text
Language:English
Published: Institutional Knowledge at Singapore Management University 2022
Subjects:
A two-tier frontier model
China
Housing price
Information asymmetry
Asian Studies
Numerical Analysis and Scientific Computing
Real Estate
Online Access:https://ink.library.smu.edu.sg/sis_research/6951
https://ink.library.smu.edu.sg/context/sis_research/article/7954/viewcontent/EstimatingFIS_RealEstate_China_av.pdf
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Institution: Singapore Management University
Language: English

Internet

https://ink.library.smu.edu.sg/sis_research/6951
https://ink.library.smu.edu.sg/context/sis_research/article/7954/viewcontent/EstimatingFIS_RealEstate_China_av.pdf

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