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RDP 2014-09: Predicting Dwelling Prices with Consideration of the Sales Mechanism
Equation
f
(
ψ
˜
t
,
ϕ
t
,
θ
t
)
=
{
−
(
1
−
ψ
˜
t
)
ϕ
t
2
2
θ
t
+
ψ
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t
θ
t
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i
f
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≤
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(
1
−
ψ
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)
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+
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θ
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2
ϕ
t
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f
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θ
t
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