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Why Are Buyers Represented by Seller's Agents When Buying a House?
dc.contributor.authorBagnoli, Marken_US
dc.contributor.authorKhanna, Naveenen_US
dc.date.accessioned2013-11-14T23:20:50Z
dc.date.available2013-11-14T23:20:50Z
dc.date.issued1987-12en_US
dc.identifier.otherMichU DeptE CenREST W88-07en_US
dc.identifier.otherD860en_US
dc.identifier.otherL850en_US
dc.identifier.otherR310en_US
dc.identifier.urihttps://hdl.handle.net/2027.42/100732
dc.description.abstractOur purpose is to provide an explanation for the existence of such contracts because this contract is uniformly used in the United States, Canada and Japan and has been for quite some time. At the same tie, an institution that represents the buyer's interests has not emerged. As with any long-lived, widely used institution, there is reason to believe that it serves a useful purpose which cannot be served by an alternate institution in which the buyer is represented by his own agent.en_US
dc.description.sponsorshipCenter for Research on Economic and Social Theory, Department of Economics, University of Michiganen_US
dc.relation.ispartofseriesCREST Working Paperen_US
dc.subjectReal Estate Brokersen_US
dc.subjectHousing Searchen_US
dc.subjectSeller's Agentsen_US
dc.subject.otherEconomics of Contract: Theoryen_US
dc.subject.otherReal Estate Servicesen_US
dc.subject.otherHousing Supply and Marketsen_US
dc.titleWhy Are Buyers Represented by Seller's Agents When Buying a House?en_US
dc.typeWorking Paperen_US
dc.subject.hlbsecondlevelEconomicsen_US
dc.subject.hlbtoplevelSocial Sciencesen_US
dc.description.bitstreamurlhttp://deepblue.lib.umich.edu/bitstream/2027.42/100732/1/ECON019.pdf
dc.owningcollnameEconomics, Department of - Working Papers Series


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