English  |  正體中文  |  简体中文  |  Post-Print筆數 : 11 |  Items with full text/Total items : 88866/118573 (75%)
Visitors : 23554281      Online Users : 99
RC Version 6.0 © Powered By DSPACE, MIT. Enhanced by NTU Library IR team.
Scope Tips:
  • please add "double quotation mark" for query phrases to get precise results
  • please goto advance search for comprehansive author search
  • Adv. Search
    HomeLoginUploadHelpAboutAdminister Goto mobile version
    Please use this identifier to cite or link to this item: http://nccur.lib.nccu.edu.tw/handle/140.119/50230


    Title: The Puzzle of the Discount Price for Foreclosed Houses: Does the Factor of Competition Explain More Discounts?
    Authors: 張金鶚
     Chang,Chin-oh
    Keywords: Foreclosed house;Auction market;Competition
    Date: 2008-12
    Issue Date: 2010-12-15 09:10:53 (UTC+8)
    Abstract: Using the data of the foreclosed houses and the brokerage houses in Taipei
    from 2001-2002, we try to answer “Does the factor of competition explain more
    price discount?” Three main empirical results are found: (1) The average price for
    the foreclosed houses in the biding market is lower 17.20% than that for the
    brokerage houses in the searching and bargaining market, controlling other things
    being equal. We propose the market mechanism such as the foreclosed-housing
    risk of the buyer exposure, and the participant number of biding can explains
    more for the deep-discount price. (2) The price discount is 15.99% if one bidder
    involves. Moreover, the more participant number of biding is, the lower price
    discount between auction market and search market is. This implies that full
    information disclosure can increase the competition and reduce the price discount
    of foreclosed houses in the court-oriented auction market.
    Relation: 交大管理學報, 28(2),1-39
    Data Type: article
    Appears in Collections:[地政學系] 期刊論文

    Files in This Item:

    File Description SizeFormat
    111.pdf406KbAdobe PDF686View/Open


    All items in 政大典藏 are protected by copyright, with all rights reserved.


    社群 sharing

    著作權政策宣告
    1.本網站之數位內容為國立政治大學所收錄之機構典藏,無償提供學術研究與公眾教育等公益性使用,惟仍請適度,合理使用本網站之內容,以尊重著作權人之權益。商業上之利用,則請先取得著作權人之授權。
    2.本網站之製作,已盡力防止侵害著作權人之權益,如仍發現本網站之數位內容有侵害著作權人權益情事者,請權利人通知本網站維護人員(nccur@nccu.edu.tw),維護人員將立即採取移除該數位著作等補救措施。
    DSpace Software Copyright © 2002-2004  MIT &  Hewlett-Packard  /   Enhanced by   NTU Library IR team Copyright ©   - Feedback