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Hedonic methods for evaluating product design and pricing strategies
Journal of Economics and Business, 1989Abstract Using the “hedonic” approach as a point of departure, this paper develops a model for managing product design and pricing strategy. The model addresses a multi-product firm in a differentiated product market. It identifies criteria for optimal design and pricing for the firm's several products, given the firm's production costs, the prices ...
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Integrating non-monetary and monetary valuation methods – SoftGIS and hedonic pricing
Ecological Economics, 2016Abstract In order to address the increasing need for improved linkages between different value perspectives, we examine the possibility of integrating two valuation methods: the non-monetary softGIS and monetary hedonic pricing. We find them compatible and their output more comprehensive compared to traditional valuation based on one value ...
Piotr Czembrowski +2 more
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Implementing hedonic pricing models for valuing the visual impact of wind farms in Greece
, 2019Although wind energy is a pollution-free and infinitely sustainable form of energy, there is considerable concern over certain environmental effects resulting from its development.
Konstantinos Skenteris +2 more
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Decoupling land values in residential property prices: smoothing methods for hedonic imputed price indices [PDF]
, 2015 A property is a bundled good composed of an appreciating asset, land, and a depreciating asset, structure. This study proposes the use of a hedonic based unobserved components approach where land and structure are viewed as two additive components of the price.
Alicia N. Rambaldi +2 more
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An improved method of real estate evaluation based on Hedonic price model
2004 IEEE International Engineering Management Conference (IEEE Cat. No.04CH37574), 2005As real estate is a heterogeneous good, there are distinctive differences on the characteristics composing the using value of real estate. Evaluating the value of real estate from the implicit price of the characteristics can improve three traditional evaluation methods: market comparative method, income capitalization method, and replacement cost ...
H.Z. Wen, J.F. Lu, L. Lin
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Prices, product differentiation and quality measurement: A comparison between hedonic and matched model methods [PDF]
Research in Economics, 2006 Abstract The paper provides an analysis of the problems of construction of quality-adjusted price indexes within the framework of the theory of product differentiation. In the general case of price-making behaviour on the part of firms, hedonic regressions are defined on the basis of reduced forms of the equation relating equilibrium prices to ...
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Quantitative Study of Housing Price Based on Huff Model and Hedonic Method
2015Using Hedonic and Huff model, we conduct empirical study of the ordinary commercial housing price’s spatial pattern in Xiamen City, China. This paper mainly focus on the following three issues: (1) Exploring the 21 potential factors that influence spatial distribution of housing price; (2) The relationship between commercial size and housing price; (3)
Yuan Li +3 more
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Supplemental Material—Methods to examine omitted variable bias in hedonic price studies
2022Supplemental Material for Methods to examine omitted variable bias in hedonic price studies by David Boto-García in Tourism ...
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Economic assessment of odour emissions: an application of Hedonic Price Method [PDF]
, 2006 Environmental economics suggests a number of techniques to assess public goods. Such methods, surrogating traditional market mechanism, allow estimations of willingness to pay for improving environmental quality. In the case study proposed in this paper an hedonic price method is implemented to assess the benefits deriving by an improvement of ...
Vinicio Vannucci, Loredana Torsello
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Journal of Environmental Management, 1992
This study examines the effect of selected countryside characteristics on house prices in a rural area of the United Kingdom centred around the Forest of Dean in Gloucestershire. Data are gathered from a variety of sources and the hedonic price method is then used to derive a model of property prices from which the marginal costs of particular ...
G.D. Garrod, K.G. Willis
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This study examines the effect of selected countryside characteristics on house prices in a rural area of the United Kingdom centred around the Forest of Dean in Gloucestershire. Data are gathered from a variety of sources and the hedonic price method is then used to derive a model of property prices from which the marginal costs of particular ...
G.D. Garrod, K.G. Willis
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