Hedonic price function estimation in economics and marketing: revisiting Lancaster's issue of ``noncombinable goods

DOI10.1007/S10479-008-0354-XMaRDI QIDQ970155zbMATH OpenOpenAlexFDO

Authors Ruben Chumpitaz, Kristiaan Kerstens, Nicholas Paparoidamis, Matthias Staat

Publication date 10 May 2010

Published in Annals of Operations Research (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1007/s10479-008-0354-x

zbMATH Keywords

convexityindivisibilityhedonic price

Mathematics Subject Classification ID

Applications of statistics to economics (62P20) Statistical methods; economic indices and measures (91B82) Microeconomic theory (price theory and economic markets) (91B24)

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Cites work

• scientific article; zbMATH DE number 3653829 (Why is no real title available?)
• scientific article; zbMATH DE number 1776908 (Why is no real title available?)
• scientific article; zbMATH DE number 2114369 (Why is no real title available?)
• Benefit and distance functions
• Benefit functions and duality
• Exact nonradial input, output, and productivity measurement.
• Nonparametric testing of closeness between two unknown distribution functions
• Nonparametric tests of regularity, Farrell efficiency, and goodness-of-fit
• On goodness-of-fit tests for weakly dependent processes using kernel method
• On the Use of Ordinal Data in Data Envelopment Analysis
• Real estate appraisal: a double perspective data envelopment analysis approach
• Revealed preference with a subset of goods
• Simulation and estimation of hedonic models
• Some Models for Estimating Technical and Scale Inefficiencies in Data Envelopment Analysis
• Statistical tests based on DEA efficiency scores

Cited in

(5)

• Estimating class-specific parametric models using finite mixtures: an application to a hedonic model of wine prices
• A linear mixed model for the hedonic pricing model
• Simulation and estimation of hedonic models
• Hedonic price index estimation under mean‐independence of time dummies from quality characteristics
• Bargaining powers of buyers and sellers on the online diamond market: a double perspective non-parametric analysis

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