Nonparametric estimation of a hedonic price index for ADSL connections in the European market using the Akaike Information Criterion

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Nonparametric estimation of a hedonic price index for ADSL connections in the European market using the Akaike Information Criterion

It is evidence that the demand for Asymmetric Digital Subscriber Line (ADSL) connections increases day by day in all European countries as much as worldwide and it is well known that Internet’s penetration is considerably amazing. At the same time, due to the fierce competition among ADSL connections providers, several packages are offered in attractive tariffs. As a product consists of various...

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Nonparametric Estimation of a Hedonic Price Function

In this paper we attempt to replicate the results of an article (Anglin and Gençay 1996) published in this journal which applied semiparametric procedures to estimate a hedonic price function. To relax additional restrictive assumptions, we also employ a fully nonparametric model that captures nonlinearity in both continuous and categorical variables. We find that the nonparametric procedure gi...

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ژورنال

عنوان ژورنال: Telecommunication Systems

سال: 2007

ISSN: 1018-4864,1572-9451

DOI: 10.1007/s11235-008-9066-4