This paper proposes a price index for artists based on the ratio between the average market price and the average estimated price of the paintings sold by an artist each year, adjusted for market dynamics. We apply this methodology to a group of selected artists and schools drawing from a database including auction prices and estimated prices of paintings presented in auctions world wide betwee...

This study aims to examine the effect of Website quality on impulsive purchases by including two intervening variables, hedonic shopping motivation and utilitarian value. uses a quantitative method with survey approach. The research sample was taken as many 100 people stratified random sampling technique postgraduate students Sultan Ageng Tirtayasa University. data analysis used SEM-PLS outer m...

The Internet allows combining various multimedia applications in order to create a holistic online experience. Companies integrate utilitarian and hedonic elements in their Websites in order to improve their overall effectiveness and efficiency. In this exploratory research paper we present the results of a longitudinal study, in which we analyze the use of four different hedonic information te...

We consider the partitioning of a society into coalitions in purely hedonic settings; i.e., where each player's payo is completely determined by the identity of other members of her coalition. We rst discuss how hedonic and non-hedonic settings di er and some su cient conditions for the existence of core stable coalition partitions in hedonic settings. We then focus on a weaker stability condit...

Because electrical stimulation of the lateral hypothalamus (ESLH) can elicit both feeding and reward, most investigators have concluded that stimulation does not evoke the aversive cues associated with hunger. It has been hypothesized, instead, that ESLH primes ingestion by evoking pleasurable taste sensations. A direct taste of this hedonic hypothesis was undertaken in rats that showed stimulu...

Grounded in the motivational aspects of product consumption, this study examines the hedonic and utilitarian value of digital games and their influence on product recommendation. The findings of an internet survey conducted among active game players who assessed the hedonic and utilitarian value of eight digital games are presented. The findings suggest that games should be viewed not only as h...

Motivational and hedonic impairments are core aspects of a variety of types of psychopathology. These impairments cut across diagnostic categories and may be critical to understanding major aspects of the functional impairments accompanying psychopathology. Given the centrality of motivational and hedonic systems to psychopathology, the Research Domain Criteria (RDoC) initiative includes a "pos...

Hedonic property value models have been frequently used to value environmental amenities (or dis-amenities) since markets for these goods (bads) do not usually exist. Typically, researchers cite Rosen’s (1974) seminal work that allows one to interpret functions of the hedonic regression coefficients as the marginal willingness to pay (MWTP) for the environmental good. This allows the results fr...

Online sales can be influenced significantly by customer reviews, and thus there are several studies on what makes an online review helpful to consumers. However, none of those researches address the helpfulness in context hedonic utilitarian types. This study examines how product type (hedonic utilitarian) moderates relationship between level (hedonicity utilitarianity) helpfulness. To test mo...

Food intake is an essential human activity regulated by homeostatic and hedonic systems in the brain which has mostly been ignored by the cognitive neurosciences. Yet, the study of food intake integrates fundamental cognitive and emotional processes in the human brain, and can in particular provide evidence on the neural correlates of the hedonic experience central to guiding behaviour. Neuroim...