Optimal Real Estate Pricing and Offer Acceptance Strategy

We consider the problem of choosing the best of a set of sequential offers proposed by the market in a house-selling process. During each decision epoch, the seller sets a listing price, observes the offers and decides whether to accept the maximum one or to reject all of them. We model a fixed hold...

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Bibliographic Details
Main Authors: Eugene Khmelnitsky, Gonen Singer
Format: Article
Language:English
Published: IEEE 2023-01-01
Series:IEEE Access
Subjects:
Online Access:https://ieeexplore.ieee.org/document/10147224/