Hedonic systems represent a multibillion-dollar industry and play an important role in how people recreate, socialize, and even conduct business. A key goal of hedonic system design is to promote positive affect—a variable known to influence cognitive beliefs, trust, disclosure, adoption, and purchase intentions. Yet, little research has identified or explained how stimuli from design feature...

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This work carries out a hedonic price analysis in the Italian grappa market. We use a dataset composed of around 15.576 observations of retail chain prices (related to transactions taken place in Italy in the period 1997-2004) and product characteristics. We estimate the implicit price of the main product attributes. Results show that particularly bottle format, high alcohol content and brand a...

We hypothesize that quality signals improve over time with the quality performance of a wine producer, and that spillovers will affect other producers within the same region. For this purpose, we estimate a hedonic pricing model for premium California wine. Data source is the annual publication "California Wine Winners" accumulated over the judging years 1990-2001. Quality indicators for 19,583...

Workers and firms in a bilateral matching market choose wages and human capital investments then match assortatively. This paper studies Bayesian equilibria of finite matching games and shows that as the matching market becomes large, Bayesian equilibria can be approximated by a truncated hedonic equilibrium in the continuous matching market. We use the truncated hedonic equilibrium concept to ...

Human judgements of the pleasure of sweetness have been reported to be modulated by caloric hunger, satiety, and sensory-specific satiety. This study examined both hedonic and aversive facial/somatic reactions to taste in the rat, in order to confirm the relation of hunger and satiety to taste affect, and to assess whether affective modulation depends upon the cognitive factors that mediate hum...

Changes in home owners’ wealth is measured by using an index of property prices constructed from sales transactions. Since only a very small proportion of the housing stock is offered to the market in any given time period, the index is a proxy for change in the price of all properties. The accuracy of the index determines its suitability as a ‘good’ proxy in reflecting price changes. Several m...

Quantile hedonic house price function estimates imply that appreciation rates were higher between 1995 and 2005 for high-priced homes in Chicago. Decompositions of temporal changes in the house price distribution suggest that the types of homes sold and their location do not account for the change in the price distribution. Rather, higher appreciation rates for high-priced homes are explained b...

Two experiments examined the impact of exposure to social food cues on the spontaneous activation of hedonic thoughts about food in restrained and unrestrained eaters. Consistent with hypotheses, it was found that restrained eaters, but not unrestrained eaters, spontaneously activate hedonic food thoughts upon reading behavior descriptions that involved a palatable food item. Moreover, it was s...

Psychological well-being (WB) includes a person's overall appraisal of his or her life (Global WB) and affective state (Hedonic WB), and it is considered a key aspect of the health of individuals and groups. Several cross-sectional studies have documented a relation between Global WB and age. Little is known, however, about the age distribution of Hedonic WB. It may yield a different view of ag...