This research paper utilizes a two-stage least-squares regression equation to examine factors that significantly impact student migration in different US geographic regions. The dynamic interaction between a university, its environment, and student migration is examined by employing a unique data set that combines institution-specific characteristics with regional economic variables. The study found that higher education institutions that have regionally recognized quality programs have greater ability to attract nonresident students. In addition, it appears that there is a linkage between nonresident enrollment and the economic environment where the university is located.

This study focuses on the role of buyer brokers in the home‐buying process by examining the effects of brokerage representation on home selling prices and search duration. The results of this study indicate that real estate brokers, no matter the type, have no independent effect on home prices. The principal effect of broker intermediation is a reduction in buyer search time, compared to for‐sale‐by‐owner transactions. The most important finding, however, is that buyer agents are more effective at reducing search time for their clients than more traditional seller agents or non‐agent facilitators.

This study examines the factors that affect the decision by home buyers to use real estate brokers and the subsequent effect this decision has on home prices. Buyers with high opportunity costs and the least amount of information about local market conditions are the most likely to use brokers; a finding consistent with the role of the real estate broker as a market intermediary. Not surprisingly, these were some of the same factors that also have a positive impact on selling price. An important finding of this study is that when selection bias is adequately controlled, the real estate broker has no appreciable, independent impact on selling price. This, in turn, suggests a nonsegmented, highly competitive housing market.

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