Loss Aversion and Seller Behavior: Evidence from the Housing Market: Comment Working Paper

Florent Buisson

Documents de travail du Centre d'Economie de la Sorbonne from Université Panthéon-Sorbonne (Paris 1), Centre d'Economie de la Sorbonne

Abstract: In an often quoted article, Genesove and Mayer (2001) observe that house sellers are reluctant to sell at a loss, and attribute this finding to loss aversion. I show that loss aversion cannot explain this phenomenon

Keywords: Loss aversion; prospect theory; housing market (search for similar items in EconPapers)
JEL-codes: D03 D11 D83 (search for similar items in EconPapers)
Pages: 10 pages
Date: 2013-01
New Economics Papers: this item is included in nep-cbe, nep-upt and nep-ure
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Downloads: (external link)
ftp://mse.univ-paris1.fr/pub/mse/CES2013/13005.pdf (application/pdf)

Related works:
Journal Article: Prospect Theory and Loss Aversion in the Housing Market (2016)
Working Paper: Loss Aversion and Seller Behavior: Evidence from the Housing Market: Comment Working Paper (2013)
Working Paper: Loss Aversion and Seller Behavior: Evidence from the Housing Market: Comment Working Paper (2013)
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Persistent link: https://EconPapers.repec.org/RePEc:mse:cesdoc:13005

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