Critical review of hedonic pricing model application in property price appraisal: A case of Nigeria
The hedonic pricing model (HPM) technique has been widely adopted for property price appraisal by scholars and professionals in different real estate markets around the world.
R. Abidoye, Albert Chan
semanticscholar +3 more sources
Modeling unobserved heterogeneity in hedonic price models [PDF]
AbstractThis paper studies unobserved heterogeneity in hedonic price models, arising from missing property and locational characteristics. Specifically, commercial real estate is very heterogeneous, and data on detailed property characteristics are often lacking.
Marc Francke, Alex Van de Minne
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Overpricing in a Spatial Hedonic Frontier Model: The Case of Ski Lift Tickets in Norway
A general assumption of the standard hedonic price model is that producers produce outputs/ services efficiently, and deviations from this situation are assumed to involve either overcharging or undercharging.
Gudbrand Lien, Subal C. Kumbhakar
doaj +1 more source
A SPATIAL ANALYSIS ON GIS-HEDONIC PRICING MODEL ON THE INFLUENCE OF PUBLIC OPEN SPACE AND HOUSE PRICE IN KLANG VALLEY, MALAYSIA [PDF]
Presently, it is noticeable that there is a significant influence of public open space about house price, especially in many developed nations. Literature suggests the relationship between the two aspects give impact on the housing market, however not ...
A. M. Zainora +2 more
doaj +1 more source
The effects of park and sea landscape on property value in a tourist city
Theorists have traditionally considered the effects of single rather than multiple landscape attributes on property prices, and ignored the interaction between landscape-specific housing attributes.
Dequn Shi +4 more
doaj +1 more source
Pricing Strategy for a Smart-Tourist Area: Does Location Matters? [PDF]
This study aims to investigate the effect of hotel characteristics, particularly their locations, on room pricing strategy for hotels in the Bogor Area, Indonesia.
Modjo Mohamad-Ikhsan +1 more
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On the Estimation of Structural Hedonic Price Models [PDF]
MANY COMMODITIES can be viewed as bundles of individual attributes for which no explicit markets exist. It is often of interest to estimate structural demand and supply functions for these attributes, but the absence of directly observable attribute prices poses a problem for such estimation.
Brown, James N, Rosen, Harvey S
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Investigating the Effect of Various Price Discounts on Customers’ Purchase Intention and Loyalty with the Mediating Role of Perceived Deception (Case Study: Customers of Hedonic and Utilitarian Goods in Tehran City) [PDF]
Perceived deception is one of the topics of interest in marketing. Although there is a significant background in this field, especially in the field of advertising, its connection with pricing has not been considered.
Mohsen Nazari, Romina Khan Boluki
doaj +1 more source
Sustainability labels in the Spanish coffee market: A hedonic price approach
Aim of study: Focused on the coffee sector, the purpose of this paper was to determine the implicit price paid for the main sustainability certifications (Fairtrade, Organic, Rainforest Alliance and UTZ certifications) using the hedonic price approach.
Nesrine MERBAH, Sonia BENITO-HERNÁNDEZ
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