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A comparison of house prices brought by English auctions and private negotiations in Melbourne

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Lusht, Kenneth M.

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Urban Research Program. Research School of Social Science. Australian National University.

Abstract

A comparison of house prices brought by English auctions and private negotiations produced evidence that the pricing mechanism matters, with the price maximizing choice a function of the level of market interest.

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Open Access

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Creative Commons Attribution-NonCommercial 3.0 Australia (CC BY-NC 3.0 AU)

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