A HEDONIC PRICE FUNCTION FOR AUSTRALIAN PREMIUM TABLE WINE*
نویسندگان
چکیده
منابع مشابه
Nonparametric Estimation of a Hedonic Price Function
In this paper we attempt to replicate the results of an article (Anglin and Gençay 1996) published in this journal which applied semiparametric procedures to estimate a hedonic price function. To relax additional restrictive assumptions, we also employ a fully nonparametric model that captures nonlinearity in both continuous and categorical variables. We find that the nonparametric procedure gi...
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15 صفحه اولHedonic price functions and the measurement of preferences: The case of Swedish wine consumers
A hedonic price function for wine is estimated using Swedish data, 1989-91. Implicit prices for quality attributes are determined not from a regression of variety price on a vector of quality attributes, but rather from a regression of quantity sold (adjusted for weeks of availability) on price and quality attributes. Such a ‘reduced form’ is justified by the assumption that prices and attribut...
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ژورنال
عنوان ژورنال: Australian Journal of Agricultural Economics
سال: 1994
ISSN: 0004-9395
DOI: 10.1111/j.1467-8489.1994.tb00721.x