IDEAS home Printed from https://ideas.repec.org/p/mit/sloanp/3509.html
   My bibliography  Save this paper

Home Buyer Search Duration and the Internet

Author

Listed:
  • D'URSO, VICTORIA T.

Abstract

In this study we examine the impact of internet use on the duration of search in the housing market. We develop a model of partial equilibrium in the housing market which suggests an ambiguous effect on the search duration when internet resources are employed. In this model, the impact of using the internet can be viewed as increasing the search efficiency, or as altering the distribution of potential matches from which the home buyer can choose. We use data from the 2000 Home Buyer and Seller Survey collected by the National Association of Realtors. While theory suggests there might be an increase or a decrease in search times when using on-line resources in the search, in this data using an Instrumental Quantile Regression approach we find a tendency for internet use to increase the duration of home search relative to employing more conventional search methods

Suggested Citation

  • D'Urso, Victoria T., 2003. "Home Buyer Search Duration and the Internet," Working papers 4271-02, Massachusetts Institute of Technology (MIT), Sloan School of Management.
  • Handle: RePEc:mit:sloanp:3509
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/1721.1/3509
    Download Restriction: no

    References listed on IDEAS

    as
    1. Jeffrey R. Brown & Austan Goolsbee, 2000. "Does the Internet Make Markets More Competitive?," NBER Working Papers 7996, National Bureau of Economic Research, Inc.
    2. Victor Chernozhukov & Christian Hansen, 2005. "An IV Model of Quantile Treatment Effects," Econometrica, Econometric Society, vol. 73(1), pages 245-261, January.
    Full references (including those not matched with items on IDEAS)

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:mit:sloanp:3509. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Christian Zimmermann). General contact details of provider: http://edirc.repec.org/data/ssmitus.html .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.