Hedonic wine price functions with different prices
نویسندگان
چکیده
منابع مشابه
Hedonic price functions and the measurement of preferences: The case of Swedish wine consumers
A hedonic price function for wine is estimated using Swedish data, 1989-91. Implicit prices for quality attributes are determined not from a regression of variety price on a vector of quality attributes, but rather from a regression of quantity sold (adjusted for weeks of availability) on price and quality attributes. Such a ‘reduced form’ is justified by the assumption that prices and attribut...
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The main objective of this paper is to propose an improvement to existing methods of house price index construction by addressing three important oversights in the literature. Firstly, it is plausible that the shadow prices of property attributes evolve slowly over time, in line with the nature of consumer preferences. Existing methods either assume (explicitly or implicitly) that shadow prices...
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ژورنال
عنوان ژورنال: Australian Journal of Agricultural and Resource Economics
سال: 2015
ISSN: 1364-985X
DOI: 10.1111/1467-8489.12112