Opportunistic Matching in the Housing Market

By James Albrecht, Axel Anderson, Eric Smith, Susan Vroman. 2007

181 citations recorded by the source corpus.

How researchers see this paper

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Housing Liquidity, Mobility, and the Labour Market (2012, methodology): “(1) Using (43), since I > 0, a su¢ cient condition for 2 > 1 is that I > 1.”
Hot and cold seasons in the housing market (2014, methodology): “) Ratio of moving probabilities between seasons (1)”
Directed Search in the Housing Market (2010, background): “Lemma 1 The asking price that solves the constrained maximization problem (1) is a∗ = s.”
Search, Liquidity and the Dynamics of House Prices and Construction (2014, background): “In equilibrium, mismatched owners are indi¤erent between the following two arrangements: (1) putting up their house for sale or rent immediately and renting while searching; (2) remaining in their current house while searching, then putting their vacant house up for sale once they are matched with a”
Segmented Housing Search (2020, unknown): “Our theoretical model is based on earlier random matching models such as Wheaton (1990), Krainer (2001), Albrecht et al. (2007), and Piazzesi and Schneider (2009); the new element is that we allow for matching by heterogeneous buyers across multiple interconnected segments.”