Construct · 1 fields · 1 citations

housing search and matching: a standalone construct

One name. One construct. A landmark on the map.

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Urban economics

a model in which buyers and sellers search for good matches, so vacancy and time on market are part of equilibrium and shape prices.

In urban economics, housing search and matching refers to a model in which buyers and sellers search for good matches, so vacancy and time on market are part of equilibrium and shape prices. This meaning comes from Wheaton (1990) in Journal of Political Economy.[1]

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Nearby constructs

equilibrium4 fields · 4 citationsjingle · one word, four constructs good2 fields · 5 citationsjingle · one word, two constructs market3 fields · 5 citationsjingle · one word, three constructs

References

Wheaton, W. C. (1990). Vacancy, Search, and Prices in a Housing Market Matching Model. Journal of Political Economy, 98(6), 1270-1292. https://doi.org/10.1086/261734

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