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Robust hedonic price indexes

International Journal of Housing Markets and Analysis, 2013
Purpose– The purpose of this paper is to demonstrate the application of robust techniques to the estimation of hedonic house price indexes.Design/methodology/approach– The authors use simulation analysis to compare an index estimated using ordinary least squares (OLS) with several indexes estimated using robust techniques.
Bourassa, Steven C   +2 more
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Data Price Determinants Based on a Hedonic Pricing Model

Big Data Research, 2021
Abstract Data have become an emerging factor of production; the development of the data trading market is accelerating, but data pricing remains in the initial exploration stage. Based on hedonic price theory, this paper analyzes the factors influencing data prices.
Ji Liang
exaly   +2 more sources

Hedonic Pricing of Bulls

2007
Bulls account for half of the genetic input when making improvements in cattle herds. Therefore, to make a rapid, less costly improvement a cattle producer is more likely to change bulls than cows. One of the problems that breeders who supply bulls face is that the attributes of bulls come bundled together so that it is difficult to determine what the ...
Smith, Jenna M., Smith, Jenna M.
openaire   +3 more sources

Price as Hedonic Shopping

Family and Consumer Sciences Research Journal, 2003
Consumers react differently to price. The purpose of this study was to determine if price acts as a multidimensional cue for Korean students and to determine how this cue is related to hedonic shopping value. Some consumers view high price as a cue to their economic status; others seek out bargains and like to share this information with friends.
Byoungho Jin   +2 more
openaire   +1 more source

Pricing IaaS: A Hedonic Price Index Approach

2017
Infrastructure as a Service (IaaS) is a rapidly expanding model of cloud computing. It includes control of computing resources, such as memory, computing power and storage capacity, satisfying the most fundamental IT needs for businesses on a usage-based payment model.
Persefoni Mitropoulou   +3 more
openaire   +1 more source

Hedonic Price Analysis

2012
Pricing is a strategic choice for all firms. It not only generates revenue for a company to survive but can also be used as a communicator, as a bargaining tool and a competitive weapon. The consumer can use price as a means of comparing products, judging relative value for money or product quality (Brassington and Pettitt, 2007).
Papatheodorou, Andreas   +2 more
openaire   +2 more sources

Semiparametric estimation of a hedonic price function

Journal of Applied Econometrics, 1996
SUMMARY Previous work on the preferred specification of hedonic price models usually recommended a Box-Cox model. In this paper we note that any parametric model involves implicit restrictions and they can be reduced by using a semiparametric model. We estimate a benchmark parametric model which passes several common specification tests, before showing
Anglin, Paul M, Gencay, Ramazan
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GIS-Based Hedonic Pricing of Landscape

Environmental and Resource Economics, 2009
Hedonic prices of landscape are estimated in the urban fringe of Dijon (France). Viewshed and its content as perceived at ground level are analyzed from satellite images supplemented by a digital elevation model. Landscape attributes are then fed into econometric models (based on 2,667 house sales) that allows for endogeneity, multicollinearity, and ...
Cavailhès, Jean   +7 more
openaire   +3 more sources

HEDONIC PRICE FUNCTIONS

Economic Inquiry, 1975
Three feasible interpretations of cross-sectional hedonic price regression equations are derived from consumer choice, profit maximization by competitive firms, and market clearing, each conceptual experiment deploying a Lancastrian “new approach” to micro theory.
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Hedonic price analysis of workstation attributes

Communications of the ACM, 1993
Microcomputers are and will be having a significant impact on large U.S. corporations. Expenditures for microcomputers can become a major component of an organization's information system IS bud get, and the decision process regarding their acquisition is being taken seriously.
H. Raghav Rao, Brian D. Lynch
openaire   +2 more sources

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