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Resolution of Demand Uncertainty and Competitive Rent Adjustment

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  • Yavas, Abdullah

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  • Yavas, Abdullah, 2001. "Resolution of Demand Uncertainty and Competitive Rent Adjustment," Journal of Housing Economics, Elsevier, vol. 10(4), pages 472-481, December.
    • Handle: RePEc:eee:jhouse:v:10:y:2001:i:4:p:472-481
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    1. Arnott, Richard, 1989. "Housing Vacancies, Thin Markets, and Idiosyncratic Tastes," The Journal of Real Estate Finance and Economics, Springer, vol. 2(1), pages 5-30, February.
    2. Arthur A. Eubank & C. R. Sirmans, 1979. "The Price Adjustment Mechanism for Rental Housing in the United States," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 93(1), pages 163-168.
    3. Wheaton, William C, 1990. "Vacancy, Search, and Prices in a Housing Market Matching Model," Journal of Political Economy, University of Chicago Press, vol. 98(6), pages 1270-1292, December.
    4. Stull, William J., 1978. "The landlord's dilemma : Asking rent strategies in a heterogeneous housing market," Journal of Urban Economics, Elsevier, vol. 5(1), pages 101-115, January.
    5. Rosen, Kenneth T & Smith, Lawrence B, 1983. "The Price-Adjustment Process for Rental Housing and the Natural Vacancy Rate," American Economic Review, American Economic Association, vol. 73(4), pages 779-786, September.
    6. Petros S. Sivitanides, 1997. "The Rent Adjustment Process and the Structural Vacancy Rate in the Commercial Real Estate Market," Journal of Real Estate Research, American Real Estate Society, vol. 13(2), pages 195-210.
    7. Read, Colin, 1997. "Vacancies and Rent Dispersion in a Stochastic Search Model with Generalized Tenant Demand," The Journal of Real Estate Finance and Economics, Springer, vol. 15(3), pages 223-237, November.
    8. Steven Salop & Joseph Stiglitz, 1977. "Bargains and Ripoffs: A Model of Monopolistically Competitive Price Dispersion," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 44(3), pages 493-510.
    9. Stigler, George J., 2011. "Economics of Information," Ekonomicheskaya Politika / Economic Policy, Russian Presidential Academy of National Economy and Public Administration, vol. 5, pages 35-49.
    10. John W. Pratt & David A. Wise & Richard Zeckhauser, 1979. "Price Differences in almost Competitive Markets," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 93(2), pages 189-211.
    11. Burdett, Kenneth & Judd, Kenneth L, 1983. "Equilibrium Price Dispersion," Econometrica, Econometric Society, vol. 51(4), pages 955-969, July.
    12. John S. Hekman, 1985. "Rental Price Adjustment and Investment in the Office Market," Real Estate Economics, American Real Estate and Urban Economics Association, vol. 13(1), pages 32-47, March.
    13. Shilling, James D. & Sirmans, C. F. & Corgel, John B., 1987. "Price adjustment process for rental office space," Journal of Urban Economics, Elsevier, vol. 22(1), pages 90-100, July.
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    Cited by:

    1. A. D. H. (Tony) Crook & Ed Ferrari & Peter A. Kemp, 2012. "Knowing the Area: The Management of Market and Business Risks by Private Landlords in Scotland," Urban Studies, Urban Studies Journal Limited, vol. 49(15), pages 3347-3363, November.
    2. Binh Nguyen Thanh & Johannes Strobel & Gabriel Lee, 2020. "A New Measure of Real Estate Uncertainty Shocks," Real Estate Economics, American Real Estate and Urban Economics Association, vol. 48(3), pages 744-771, September.

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