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SSRN Electronic Journal, 2023
This short article provides a quick summary of the hedonic pricing theory. Some new developments are also discussed.
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This short article provides a quick summary of the hedonic pricing theory. Some new developments are also discussed.
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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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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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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
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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
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Reconsidering hedonic art price indexes
Economics Letters, 2009zbMATH Open Web Interface contents unavailable due to conflicting licenses.
A. Collins +2 more
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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
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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
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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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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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GIS-Based Hedonic Pricing of Landscape
Environmental and Resource Economics, 2009Hedonic 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
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A hedonic urban land price index
Land Use Policy, 2018Abstract Urban development projects have many effects on society, such as improving mobility, health, education, and sustainability. For policy-relevant measures, it is important that policymakers are able to foresee how quality improvements influence the price of land. Therefore, our objective is to collect a set of variables able to account for the
Glumac, Brano +2 more
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Hedonic pricing in Windhoek townships
Environment and Development Economics, 2003This study applies the hedonic pricing model to property sales in the township areas in Windhoek, the capital city of Namibia, where municipal authorities have pursued a programme of selling plots of land to settlers in order to encourage them into a formalized economic situation.
Michael Nokokure Humavindu, Jesper Stage
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Search, Hedonic Prices and Housing Demand
The Review of Economics and Statistics, 1992The conventional model of the housing market does not take into account the search process for a suitable housing unit. Based on a dynamic search theory, this paper develops and estimates a truncated regression model of the rental housing market with stochastic and unobserved truncation points.
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