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The Future of Prediction: How Google Searches Foreshadow Housing Prices and Sales

In: Economic Analysis of the Digital Economy

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  • Lynn Wu
  • Erik Brynjolfsson
Abstract
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Suggested Citation

  • Lynn Wu & Erik Brynjolfsson, 2015. "The Future of Prediction: How Google Searches Foreshadow Housing Prices and Sales," NBER Chapters, in: Economic Analysis of the Digital Economy, pages 89-118, National Bureau of Economic Research, Inc.
  • Handle: RePEc:nbr:nberch:12994
    as

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    File URL: http://www.nber.org/chapters/c12994.pdf
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    References listed on IDEAS

    as
    1. Edward L. Glaeser & Joseph Gyourko, 2006. "Housing Dynamics," NBER Working Papers 12787, National Bureau of Economic Research, Inc.
    2. Han, Lu, 2008. "Hedging house price risk in the presence of lumpy transaction costs," Journal of Urban Economics, Elsevier, vol. 64(2), pages 270-287, September.
    3. Case, Karl E & Shiller, Robert J, 1989. "The Efficiency of the Market for Single-Family Homes," American Economic Review, American Economic Association, vol. 79(1), pages 125-137, March.
    4. Sinan Aral & Erik Brynjolfsson & Marshall Van Alstyne, 2012. "Information, Technology, and Information Worker Productivity," Information Systems Research, INFORMS, vol. 23(3-part-2), pages 849-867, September.
    5. Simon, Herbert A., 1984. "On the behavioral and rational foundations of economic dynamics," Journal of Economic Behavior & Organization, Elsevier, vol. 5(1), pages 35-55, March.
    6. Jason Kuruzovich & Siva Viswanathan & Ritu Agarwal & Sanjay Gosain & Scott Weitzman, 2008. "Marketspace or Marketplace? Online Information Search and Channel Outcomes in Auto Retailing," Information Systems Research, INFORMS, vol. 19(2), pages 182-201, June.
    7. Lu Han, 2010. "The Effects of Price Risk on Housing Demand: Empirical Evidence from U.S. Markets," The Review of Financial Studies, Society for Financial Studies, vol. 23(11), pages 3889-3928, November.
    8. Hyunyoung Choi & Hal Varian, 2012. "Predicting the Present with Google Trends," The Economic Record, The Economic Society of Australia, vol. 88(s1), pages 2-9, June.
    9. Wendy W. Moe & Peter S. Fader, 2004. "Dynamic Conversion Behavior at E-Commerce Sites," Management Science, INFORMS, vol. 50(3), pages 326-335, March.
    10. Kenneth J. Arrow, 1987. "Reflections on the Essays," Palgrave Macmillan Books, in: George R. Feiwel (ed.), Arrow and the Ascent of Modern Economic Theory, chapter 23, pages 685-689, Palgrave Macmillan.
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