The Hedonic Method

By Laura O. Taylor. 2003

328 citations recorded by the source corpus.

Subfields: Economics and Econometrics, Marketing, Tourism, Leisure and Hospitality Management

View Paper: https://www.semanticscholar.org/paper/4b84bc3ee3bceafd66a467c47441ec0be560873c

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Citations in the corpus

What's to Know About Hypothetical Bias in Stated Preference Valuation Studies? (2011, neutral): “In some environmental applications, economists can rely on revealed preference techniques such as travel cost and hedonic methods (Taylor, 2003; Parsons, 2003).”
Estimating the Impacts of Brownfield Remediation on Housing Property Values (2012, neutral): “For a thorough discussion of the hedonic method, see the reviews by Taylor (2003) and Palmquist (2004).”
Valuation Techniques for Social Cost-Benefit Analysis: (2011, background): “Taylor (2003) discusses this issue with regard to hedonic price functions.”
Environmental Cost-Benefit Analysis (2008, methodology): “Dietz S, Anderson D, Stern N, Taylor C, Zenghelis D. 2007.”
Which hedonic models can we trust to recover the marginal willingness to pay for environmental amenities (2010, background): “Their results are featured prominently in textbooks on environmental economics [14], reviews of the hedonic literature [25], and practitioners’ guides to hedonic estimation [32].”
The effects of wildfire and environmental amenities on property values in northwest Montana, USA. (2010, methodology): “Following standard practice in hedonic price modeling to account for potential non-linear relationships between house attributes and house sale price (Haab and McConnell, 2003; Taylor, 2003), squared and cubed terms were estimated for quarter since fire, canopy cover and distance variables to wilder”
Combining Revealed and Stated Preference Data to Estimate the Nonmarket Value of Ecological Services: An Assessment of the State of the Science (2008, neutral): “The hedonic price method exploits the relationship between characteristics of land and labor markets, including water quality, and housing prices and wages (Palmquist, 1991; Taylor, 2003).”
Do Repeated Wildfires Change Homebuyers’ Demand for Homes in High-Risk Areas? A Hedonic Analysis of the Short and Long-Term Effects of Repeated Wildfires on House Prices in Southern California (2009, background): “Failure to include relevant variables, however, results in biased coefficient estimates ( Taylor 2002 ).”
The Price of Happy Hens: A Hedonic Analysis of Retail Egg Prices (2010, background): “…problem indicates that the marginal price of an attribute (i.e., the derivative of the price of the composite good with respect to the underlying attribute of interest) will equal the consumer's marginal rate of substitution between the attribute and a numeraire (see Rosen, 1974; Taylor, 2003).”