Hedonic regression - Wikipedia, the free encyclopedia
In economics, hedonic regression , also hedonic demand theory , is a method of estimating demand or value. It decomposes the item being researched into its constituent characteristics, and obtains...
en.wikipedia.org/wiki/Hedonic_regression
Making use of restrictions imposed by equilibrium, theoretical progress has been made on the nonparametric and semiparametric estimation and identification of scalar additive hedonic models (Ekeland, Heckman, and Nesheim, 2002) and scalar nonadditive hedonic models (Heckman, Matzkin, and Nesheim, 2002). However,
ideas.repec.org/p/ces/ceswps/_1014.html
McConnell, K. E. & Phipps, T. T., 1987. "Identification of preference parameters in hedonic models: Consumer demands with nonlinear budgets," Journal of Urban Economics, Elsevier, vol. 22(1), pages 35-52, July.
ideas.repec.org/p/nbr/nberte/0271.html
This paper considers the identification and estimation of hedonic models. We establish that in an additive version of the hedonic model, technology and preferences are generically identified up to affine transformations from data on demand and supply in a single hedonic market.
www.nber.org/papers/w9910
By Burgess, James F, and Oskar R. Harmon; Abstract: Specification testing can be an effective method for addressing the considerable econometric problems present in ... Abstract: Specification testing can be an effective method for addressing the considerable econometric problems present in hedonic models.
econpapers.repec.org/article/kapjrefec/v_3A4_3Ay_3A1991... econpapers.repec.org/article/kapjrefec/v_3A4_3Ay_3A1991_3Ai_3A4_3Ap_3A375-93.htm
Related works:; Journal Article: SPATIAL HEDONIC MODELS OF AIRPORT NOISE, PROXIMITY, AND HOUSING PRICES (2008) ; This item may be available elsewhere in EconPapers: Search for items with the same title.
econpapers.repec.org/paper/fipfedlwp/2006-026.htm
"Spatial Hedonic Models of Airport Noise, Proximity, and Housing Prices" by Jeffrey P. Cohen, and Cletus C. Coughlin ... We compare various spatial econometric models and estimation methods in a hedonic price framework to examine the impact of noise on 2003 housing values near the Atlanta airport.
research.stlouisfed.org/wp/more/2006-026/
Evolution of Hedonic Property Value Models for the Valuation of Environmental Goods ... This approach mitigates one of the biggest deficiencies inherent in hedonic pricing models-omitted variables. I demonstrate the advantages of the proposed method using real estate transaction data from Los Angeles County.
www.sscnet.ucla.edu/ssc/labs/cameron/nrs98/hedoninv.htm
The aim of this paper is to compare the use of scientific and perceived noise measures in a hedonic model framework. Although in theory the use of subjective variables is recommended, most of the empirical applications use scientific noise variables.
ssrn.com/abstract=937259
One use of hedonic models is to adjust measures of inflation. The difference this makes is most significant for products that are not directly comparable with those that were sold in the past because technology has improved.
moneyterms.co.uk/hedonic-pricing-model/ moneyterms.co.uk/hedonic-pricing-model/
Definitions