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Hedonic price formation

Author

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  • Leung, Charles Ka Yui

Abstract

This short article provides a quick summary of the hedonic pricing theory. Some new developments are also discussed.

Suggested Citation

  • Leung, Charles Ka Yui, 2023. "Hedonic price formation," MPRA Paper 119429, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:119429
    as

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    References listed on IDEAS

    as
    1. Ivar Ekeland & James J. Heckman & Lars Nesheim, 2004. "Identification and Estimation of Hedonic Models," Journal of Political Economy, University of Chicago Press, vol. 112(S1), pages 60-109, February.
    2. repec:dau:papers:123456789/6486 is not listed on IDEAS
    3. Marc Francke & Alex Van de Minne, 2021. "Modeling unobserved heterogeneity in hedonic price models," Real Estate Economics, American Real Estate and Urban Economics Association, vol. 49(4), pages 1315-1339, December.
    4. Robert J. Hill, 2013. "Hedonic Price Indexes For Residential Housing: A Survey, Evaluation And Taxonomy," Journal of Economic Surveys, Wiley Blackwell, vol. 27(5), pages 879-914, December.
    5. Liao, Wen-Chi & Wang, Xizhu, 2012. "Hedonic house prices and spatial quantile regression," Journal of Housing Economics, Elsevier, vol. 21(1), pages 16-27.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    hedonic price; portfolio of attributes; valuation; unobservable; non-tradeable;
    All these keywords.

    JEL classification:

    • C10 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - General
    • D10 - Microeconomics - - Household Behavior - - - General
    • R20 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Household Analysis - - - General

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