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Buyer and Seller Concentration in Global Commodity Markets

✍ Scribed by Reza Oladi; John Gilbert

Book ID
115219837
Publisher
John Wiley and Sons
Year
2012
Tongue
English
Weight
117 KB
Volume
16
Category
Article
ISSN
1363-6669

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We explain why buyers in the housing market use an agent employed by the seller. Such agents reduce buyers' search costs so that more buyers search a particular house. This increases the probability of the sale of the house and possibly also its selling price. However, since the selling price increa