Today’s pricing of infrastructure-as-a-service is not transparent because some providers, such as Google, charge separately for each service characteristic (e.g., $50 per CPU or $15 per GB of memory per month) and let customers freely configure the service. In contrast, competitors like Amazon, Microsoft, and IBM only offer predefined bundles (e.g., 4 GB of memory, 400 GB of storage, and 2 CPUs...

We investigate the effects of various quality attributes and network-specific features on the price of word processing software using a hedonic price framework in order to assess the effect of the network variable on the quality-adjusted price. We find a positive effect of network externalities on price in this market that is similar to markets for spreadsheet and web server software as shown p...

Most existing house price index construction methods are developed mainly based on transaction data from the secondary housing market, and are not necessarily suitable for the nascent housing markets where a predominant portion of housing transactions are new units. Using the booming market in China as an example, we evaluate and compare the performances of three most common house price measure...

Hedonic pricing with quasilinear preferences is shown to be equivalent to stable matching with transferable utilities and a participation constraint, and to an optimal transportation (Monge-Kantorovich) linear programming problem. Optimal assignments in the latter correspond to stable matchings, and to hedonic equilibria. These assignments are shown to exist in great generality; their marginal ...

Understanding the customers’ perception of value constituent characteristics a good is among key questions in any pricing strategy. Hedonic allows such an analysis and frequently applied economic fields. Although it regarded as benchmark its original form, availability new data sources development machine learning techniques created space for further improvement. In this study, we propose gener...

Theorists have traditionally considered the effects of single rather than multiple landscape attributes on property prices, and ignored interaction between landscape-specific housing attributes. The aim this paper is to analyze hedonic prices compare two key Seventeen are used build a hedonic-pricing model with five dimensions: structure, neighborhood community, location, environment, time. A s...

Accelerated coastal erosion and elevated risks of flooding due to global warming put enormous burden on the ecosystems economic health communities. Optimal policies lessen these negative impacts require an estimation their costs benefits. The aim this paper is calculate beach flood risk through valuation property prices in Hilton Head Island, a barrier island located South Carolina, USA. Spatia...