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Can Free Entry be Inefficient? Fixed Commissions and Social Waste in the Real Estate Industry

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NBER2002-09-01 更新2025-01-04 收录
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https://www.nber.org/papers/w9208
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资源简介:
Real estate agents in the US typically charge a 6 percent commission, regardless of the price of the house sold. As a consequence, the commission fee from selling a house will differ dramatically across cities depending on the average price of housing, although the effort necessary to match buyers
提供机构:
美国国家经济研究局
创建时间:
2002-09-01
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