Construct · 1 fields · 1 citations

seller loss aversion: a standalone construct

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

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Real estate

home sellers facing a nominal loss against their purchase price set higher asking prices and wait longer to sell.

In real estate, seller loss aversion refers to home sellers facing a nominal loss against their purchase price set higher asking prices and wait longer to sell. This meaning comes from Genesove (2001) in The Quarterly Journal of Economics.[1]

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Nearby constructs

estate2 fields · 2 citationsjingle · one word, two carriers loss aversion3 names · 4 citationsjangle · losses loom larger, across three fields loss2 fields · 3 citationsjingle · one word, two constructs

References

Genesove, D., & Mayer, C. (2001). Loss Aversion and Seller Behavior: Evidence from the Housing Market. The Quarterly Journal of Economics, 116(4), 1233-1260. https://doi.org/10.1162/003355301753265561

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