Market Distortions when Agents are Better Informed
Title | Market Distortions when Agents are Better Informed PDF eBook |
Author | Steven D. Levitt |
Publisher | |
Pages | 56 |
Release | 2005 |
Genre | Real property |
ISBN |
"Agents are often better informed than the clients who hire them and may exploit this informational advantage. Real-estate agents, who know much more about the housing market than the typical homeowner, are one example. Because real estate agents receive only a small share of the incremental profit when a house sells for a higher value, there is an incentive for them to convince their clients to sell their houses too cheaply and too quickly. We test these predictions by comparing home sales in which real estate agents are hired by others to sell a home to instances in which a real estate agent sells his or her own home. In the former case, the agent has distorted incentives; in the latter case, the agent wants to pursue the first-best. Consistent with the theory, we find homes owned by real estate agents sell for about 3.7 percent more than other houses and stay on the market about 9.5 days longer, even after controlling for a wide range of housing characteristics. Situations in which the agent's informational advantage is larger lead to even greater distortions"--National Bureau of Economic Research web site.
How to Take Advantage of the People Who Are Trying to Take Advantage of You
Title | How to Take Advantage of the People Who Are Trying to Take Advantage of You PDF eBook |
Author | Jsb Morse |
Publisher | Joseph Morse |
Pages | 213 |
Release | 2006-10 |
Genre | Finance, Personal |
ISBN | 1600200400 |
Would you be interested in making $20,000 from mere pennies? Have you ever wished you could make money off your credit cards instead of paying the interest on them? Have you ever imagined buying a cross-country flight for the amount it takes to fill up your gas tank? How would you like to make $180 an hour, or get a top-of-the-line cell phone for free? Do you feel underpaid and underappreciated at work? If these questions strike a chord, you've found the right audiobook. Joseph S. B. Morse, author of The Evolution Diet, turns his attention to personal finance in this entertaining and informative book. He reveals how, for centuries, financial institutions like banks, credit cards, retail stores, and even the government have been taking advantage of our natural human tendencies. It's time to reverse that trend and it's time to start taking advantage of the people who are trying to take advantage of you! In this audiobook, you'll find engaging descriptions of these major economic industries and 50 smart ways to capitalize on the system. Morse isn't talking about scamming the system or doing anything questionably legal, he's suggesting clever, time-tested, and legal techniques to help you maximize the financial benefits from companies you already do business with. You're about to embark on a journey to regain control over your finances and direct you to over $100,000 in earnings and savings with the peace of mind that you are not being taken advantage of any more. It's time to start taking advantage of the people who are trying to take advantage of you! https: //code-interactive.com/ad-in
Why Not Better and Cheaper?
Title | Why Not Better and Cheaper? PDF eBook |
Author | James B. Rebitzer |
Publisher | Oxford University Press |
Pages | 268 |
Release | 2023-06-20 |
Genre | Health & Fitness |
ISBN | 0197603122 |
An engaging account of innovation in healthcare and why the results fall short for patients and society. The evolution of the cell phones we carry in our pockets demonstrates that quality can increase while prices fall. Why doesn't healthcare also get better and cheaper? In Why Not Better and Cheaper?, James B. Rebitzer and Robert S. Rebitzer offer an answer to this question. Bringing together research on incentives, social norms, and market competition, they argue that the healthcare system generates the wrong kinds of innovation. It is too easy to profit from low-value innovations and too hard to profit from innovations that reduce the costs of care. The result is a healthcare system that is profusely innovative yet remarkably ineffective in discovering ways to deliver increased value at lower cost. Why Not Better and Cheaper? sheds new light on the trajectory of innovation in healthcare, and how to point innovation in a better direction.
Freedomnomics
Title | Freedomnomics PDF eBook |
Author | John R. Lott |
Publisher | Simon and Schuster |
Pages | 290 |
Release | 2007-06-04 |
Genre | Business & Economics |
ISBN | 1596981334 |
Are free market economies really based on fleecing the consumer? Is the U.S. economy truly just a giant free-for-all that encourages duplicity in our everyday transactions? Is everyone from corporate CEOs to your local car salesman really looking to make a buck at your expense? In Freedomnomics: Why the Free Market Works and Other Half-Baked Theories Don't, economist and bestselling author John R. Lott, Jr., answers these and other common economic questions, bravely confronting the profound distrust of the market that the bestselling book Freakonomics has helped to popularize. Using clear and hard-hitting examples, Lott shows how free markets liberate the best, most creative, and most generous aspects of our society - while efforts to constrain economic liberty, no matter how well-intentioned, invariably lead to increased poverty and injustice.
Markets and Institutions in Real Estate and Construction
Title | Markets and Institutions in Real Estate and Construction PDF eBook |
Author | Michael Ball |
Publisher | John Wiley & Sons |
Pages | 280 |
Release | 2008-04-15 |
Genre | Business & Economics |
ISBN | 0470757566 |
The book explains why the real estate and construction industries are organised in the ways they are and then relates those characteristics to long-term market behaviour. It covers market dynamics - supply and demand; the interaction of property development and construction – and examines institutions and market structures. Real estate development and construction tend to be separate subjects in the literature. But construction is an inevitable part of any property development process and so has a major influence on the institutional structure of development. Markets & Institutions in Real Estate & Construction argues that these structures are best explained as a series of modern economic theories, based on competition and current production technologies. offers focus and breadth, and deal with controversial debates economic arguments made accessible through a non-technical writing style presents long-run international comparison of property market behaviour reflects internationalisation of property and construction markets
Dealmaking
Title | Dealmaking PDF eBook |
Author | Guhan Subramanian |
Publisher | W. W. Norton & Company |
Pages | 257 |
Release | 2011-08-22 |
Genre | Business & Economics |
ISBN | 0393339955 |
“Packed with transformative insights, Dealmaking will help a new generation of business leaders get to yes.”—William Ury, coauthor of Getting to Yes Informed by meticulous research, field experience, and classroom-tested strategies, Dealmaking offers essential insights for anyone involved in buying or selling everything from cars to corporations. Leading business scholar Guhan Subramanian provides a lively tour of both negotiation and auction theory, then takes an in-depth look at his own hybrid theory, outlining three specific strategies readers can use in complex dealmaking situations. Along the way, he examines case studies as diverse as buying a house, haggling over the rights to a TV show, and participating in the auction of a multimillion-dollar company. Based on broad research and detailed case studies, Dealmaking brings together negotiation and auction strategies for the first time, providing the jargon-free, empirically sound advice professionals need to close the deal. Originally published in hardcover under the title Negotiauctions.
Full Value
Title | Full Value PDF eBook |
Author | Jack Richards |
Publisher | Greenleaf Book Group |
Pages | 223 |
Release | 2020-03-03 |
Genre | Business & Economics |
ISBN | 1626346852 |
Your Guide to the Best Way to Sell Your Home When it comes time to sell, homeowners today face an overwhelming amount of advice on how to sell quickly and for the highest price possible. For these sellers, trying to understand what actions truly matter when selling a home can feel like an impossible task. And selling a home the wrong way can result in sellers losing out on thousands of dollars of potential finance gain. Fortunately, research has shown how taking a few select actions can make a significant difference in the sale price of the home, a difference worth 5% or even 10% of the value of the home. In Full Value, real estate agent, management consultant, and strategy expert Jack Richards shows homeowners, real estate agents, and investors how to identify and showcase sources of value in residential property. Drawing insights from academic and industry studies, Full Value provides homeowners with practical, fact-based advice on how to sell their homes for maximum value. The value-enhancing strategies in this book will show you how to sell your home at a higher price and for greater profit than would be possible otherwise.