When might a real estate market be in a Nash equilibrium? A real estate market can stabilize in a Nash equilibrium when all key players (buyers, sellers, developers, banks, appraisers, media, regulators) act according to interests that balance each other – even if the outcome is not optimal for society, the economy, or the true value of the assets.
Blog #תורת המשחקים
08Jun
Gindi's apartment sale in Sde Dov is no longer a price drop, but a strategic move that violates the Nash equilibrium in the Tel Aviv real estate market.
