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Impact of Estate Agents On Market and The Relationship With Experience      
Yazarlar
Prof. Dr. Serkan DİLEK Prof. Dr. Serkan DİLEK
Kastamonu Üniversitesi, Türkiye
Özet
In markets we witness firms competing to satisfy the needs of consumers. The reason of their activity is to maximize their profits. On the other hand consumers try to maximize their utility by looking for goods with highest quality and cheapest price. Though in theory (perfect competition markets) scholars assumed that all agents have all information they needed, in daily life they don’t. They should strive to get information by searching. Addition to this, they face with transaction costs while they are searching. Intermediaries are important for decreasing transaction costs and searching time, facilitating transactions. However, some people don’t agree and they think that intermediaries are agents who earn without contributing market equilibrium or facilitating transactions. Experiences are important in making effective decisions and perceptions of agents. Generally, we witness that experienced agents make more accurate decisions in economic life. The aim of this study is to determine perceptions of Kastamonu University pupils about the role of intermediaries in economy and question the relationship between market experience and perceptions about the role of them in economy. To this aim, a query is conducted to pupils in university. In this query real estate market was chosen and questions were asked about them. Also, study searched if experiences are important in shaping perceptions and obtained significant results.
Anahtar Kelimeler
Estate agents | Facilitating transactions | Intermediaries | Transaction costs
Makale Türü Özgün Makale
Makale Alt Türü Diğer hakemli uluslarası dergilerde yayımlanan tam makale
Dergi Adı BUSINESS AND ECONOMIC HORIZONS
Dergi ISSN 1804-1205
Dergi Tarandığı Indeksler ebsco
Makale Dili İngilizce
Basım Tarihi 01-2014
Cilt No 10
Sayı 2
Sayfalar 94 / 106
Doi Numarası 10.15208/beh.2014.09
BM Sürdürülebilir Kalkınma Amaçları
Atıf Sayıları
Google Scholar 13
Impact of Estate Agents On Market and The Relationship With Experience

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