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Well thanks for the help. Might just abandon the thought all together and just try to include it in future research.

If anyone else has any insight any direction would be appreciated.

Well into more detail I would only count a sale as a repeat sale if they sold within 6 months of each other, which is how Pesando and Shum do it. All I really want to accomplish is remove the "noise" of art auctions. Sometimes prints will sell for say 10K in New York but an auction one mon...

Sure! Probably should have done that from the beginning. A repeat sale is when a painting is sold at auction in 2005 and then the same exact painting is sold again at another auction in say 2006. With prints a repeat sale is when a print numbered xxx/150 is sold at auction and than another print fro...

Mods, very sorry if this isn't the right section. I thought this would be the best place for it but if not please move to the correct area. I have sales data for art prints and paintings dependent variable with a number of independent variables. I am wanting to run a repeat sale regression for the p...