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Volumn 20, Issue 3, 2000, Pages 295-310

Residential Real Estate Brokerage Efficiency from a Cost and Profit Perspective

Author keywords

Economies of scale; Real estate brokerage; X efficiency

Indexed keywords


EID: 0034373076     PISSN: 08955638     EISSN: None     Source Type: Journal    
DOI: 10.1023/A:1007889209994     Document Type: Review
Times cited : (22)

References (18)
  • 1
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    • Aigner, D. J., C. A. Lovell, and P. Schmidt. (1977). "Formulation and Estimation of Stochastic Frontier Function Models," Journal of Econometrics 6, 21-37.
    • (1977) Journal of Econometrics , vol.6 , pp. 21-37
    • Aigner, D.J.1    Lovell, C.A.2    Schmidt, P.3
  • 2
    • 34447619061 scopus 로고    scopus 로고
    • X-inefficiencies in the Residential Real Estate Brokerage Marker: A Stochastic Frontier Approach
    • forthcoming
    • Anderson, R. A., D. R. Lewis, and L. V. Zumpano. (2000). "X-inefficiencies in the Residential Real Estate Brokerage Marker: A Stochastic Frontier Approach," Journal of Real Estate Research forthcoming.
    • (2000) Journal of Real Estate Research
    • Anderson, R.A.1    Lewis, D.R.2    Zumpano, L.V.3
  • 3
    • 0001180233 scopus 로고    scopus 로고
    • Measuring the Efficiency of Residential Real Estate Brokerage Firms: An Application of the Data Envelopment Analysis
    • Anderson, R. A., R. Fok, L. V. Zumpano, and H. W. Elder. (1998). "Measuring the Efficiency of Residential Real Estate Brokerage Firms: An Application of the Data Envelopment Analysis," Journal of Real Estate Research 16, 139-158.
    • (1998) Journal of Real Estate Research , vol.16 , pp. 139-158
    • Anderson, R.A.1    Fok, R.2    Zumpano, L.V.3    Elder, H.W.4
  • 6
    • 49049139741 scopus 로고
    • On the Estimation of Technical Inefficiency in the Stochastic Frontier Production Function Models
    • Jondrow, J. C., C. A. K. Lovell, S. I. Materov, and P. Schmidt. (1982). "On the Estimation of Technical Inefficiency in the Stochastic Frontier Production Function Models," Journal of Econometrics 19, 233-288.
    • (1982) Journal of Econometrics , vol.19 , pp. 233-288
    • Jondrow, J.C.1    Lovell, C.A.K.2    Materov, S.I.3    Schmidt, P.4
  • 10
    • 0001318112 scopus 로고
    • Allocative Efficiency vs. X-Efficiency
    • Leibenstein, H. (1966). "Allocative Efficiency vs. X-Efficiency," American Economic Review 56, 392-414.
    • (1966) American Economic Review , vol.56 , pp. 392-414
    • Leibenstein, H.1
  • 12
    • 0033246978 scopus 로고    scopus 로고
    • Residential Real Estate Brokerage Efficiency and the Implications of Franchising: A Bayesian Approach
    • Lewis, D., and R. Anderson. (1999b). "Residential Real Estate Brokerage Efficiency and the Implications of Franchising: A Bayesian Approach," Real Estate Economics 27; 543-560.
    • (1999) Real Estate Economics , vol.27 , pp. 543-560
    • Lewis, D.1    Anderson, R.2
  • 13
    • 0001183404 scopus 로고
    • Efficiency Estimation from Cobb-Douglas Production Function with Composed Error
    • Meeusen, W., and J. Broek. (1977). "Efficiency Estimation from Cobb-Douglas Production Function with Composed Error," International Economic Review 18, 435-444.
    • (1977) International Economic Review , vol.18 , pp. 435-444
    • Meeusen, W.1    Broek, J.2
  • 14
    • 0042604010 scopus 로고    scopus 로고
    • Incorporating Monotonicity and Concavity Restrictions into Stochastic Cost Frontiers
    • May
    • Terrell, D., and I. Dashti. (1997). "Incorporating Monotonicity and Concavity Restrictions into Stochastic Cost Frontiers." Paper presented at the Midwest Econometric Society Meetings, May.
    • (1997) Midwest Econometric Society Meetings
    • Terrell, D.1    Dashti, I.2
  • 15
    • 0000576595 scopus 로고
    • Markov Chains Exploring Posterior Distributions
    • Tierney, L. (1994). "Markov Chains Exploring Posterior Distributions (With Discussion), Ann. Statistics 22, 1701-1762.
    • (1994) Ann. Statistics , vol.22 , pp. 1701-1762
    • Tierney, L.1
  • 17
    • 84977365831 scopus 로고
    • Economies of Scope and Density in the Market for Real Estate Brokerage Services
    • Zumpano, L. V., and H. W. Elder. (1994). "Economies of Scope and Density in the Market for Real Estate Brokerage Services," AREUEA Journal 22, 497-513.
    • (1994) AREUEA Journal , vol.22 , pp. 497-513
    • Zumpano, L.V.1    Elder, H.W.2
  • 18
    • 0001123951 scopus 로고
    • The Market for Residential Real Estate Brokerage Services: Costs of Production and Economies of Scale
    • Zumpano, L. V., H. W. Elder, and G. E. Crellin. (1993). "The Market for Residential Real Estate Brokerage Services: Costs of Production and Economies of Scale," Journal of Real Estate Finance and Economics 6, 237-250.
    • (1993) Journal of Real Estate Finance and Economics , vol.6 , pp. 237-250
    • Zumpano, L.V.1    Elder, H.W.2    Crellin, G.E.3


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.