Browsing Category Technology

Grassroots and Charlottesville

Blogs seem to be the latest and most efficient means by which to effect change from a grassroots level. The number of people I have met recently who are either blog or read and are influenced by blogs increases almost on a daily basis. The next few months and years should be very interesting, particularly with regards to local, regional and statewide political races. Nice plug just now on WINA for cvillepodcasting, one of my favorite resources for catching up on local political meetings and the like.

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Analysis on the Real Estate Market

It is a University student’s dissertation titled “Assessing the Value of On-line Information Using a Two-sided Equilibrium Search Model in the Real Estate Market.”… One of the assumptions/conclusions with which I disagree is this – Our estimates suggest that, on average, only 3% of the relevant information that home- buyers collect before making a purchase decision is obtained through on-line ads. Furthermore, we use the estimated model to conduct counterfactual experiments and predict how improvements in the information technology affect the average posting price, transaction price, and time until a property is sold.

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