Lecture

Real Estate Economics

Description

This lecture covers the negotiation process between property owners and buyers, analyzing concepts such as exercise price, surplus for both parties, market efficiency, and the total surplus of satisfied buyers and sellers. It also explores how different buyers and sellers with varying willingness to pay or receive affect the transaction price and individual surpluses.

In MOOC

Instructors (2)

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Official source

https://mediaspace.epfl.ch/media/0_m06s3zxb

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Ontological neighbourhood

Economics

Macroeconomics: Markets

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