The present research re-examines one of the most basic findings regarding the evaluation of hedonic experiences: the end effect. The end effect suggests that people’s retrospective evaluations of an experience are disproportionately influenced by the final moments of the experience. The findings in this paper indicate that endings are not inherently over-weighted in retrospective evaluations. T...

bstract—Food intake is an essential human activity reguated by homeostatic and hedonic systems in the brain which as mostly been ignored by the cognitive neurosciences. Yet, he study of food intake integrates fundamental cognitive and motional processes in the human brain, and can in particuar provide evidence on the neural correlates of the hedonic xperience central to guiding behaviour. Neuro...

Rapid price decreases for ICT-products in the 1990s have been largely attributed to the introduction of hedonic price indexes. Would hedonic price indexing also have large effects on measured price and productivity during earlier technological breakthroughs? This paper investigates the impact of hedonic and matched model methods on historical data for electric motors in Sweden 1900–35. The resu...

100 words max): This article estimates the impact of the 2007-2008 residential housing market bust on farmland values, using parcel-level farmland sales data from 2001-2010 for a 50-county region under urbanization pressure in western Ohio. Hedonic model estimates reveal that farmland was not immune to the residential housing bust; the portion of farmland value attributable to proximity to urba...

This study uses a unique integration of geospatial and hedonic property data to estimate the impact of sea-level rise on coastal real estate in North Carolina. North Carolina’s coastal plain is one of several large terrestrial systems around the world threatened by rising sealevels. High-resolution topographic LIDAR (Light Detection and Ranging) data are used to provide accurate inundation maps...

ONOMICS/FINANCE International Encyclopedia of Housing and Home, 2012, V Foreclosure The legal process by which an owner’s right to a property is terminated, usually due to default. Hedonic regression A method of estimating demand or value. It decomposes the price of a good or service into its constituent characteristics and obtains estimates of the contributory value of each characteristic. Sub...

Using urban residential micro data from CHNS, this paper employs Hedonic Pricing Model to investigate the impact of Neighborhood Quality on housing value and its mechanism. We find that, Human Capitals measured by average schooling years and occupational diversity have significant positive effect while cultural capitals such as Ethnic Diversity have significant negative effect on housing value....

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Abstract—In urban area, several landmarks may affect housing price and rents, and hedonic analysis should employ distance variables corresponding to each landmarks. Unfortunately, the effects of distances to landmarks on housing prices are generally not consistent with the true price. These distance variables may cause magnitude error in regression, pointing a problem of spatial multicollineari...

In the formulation of hedonic models, in addition to locational factors and building structures which affect the house prices, the generation of the omitted variable bias is thought to occur in cases when local environmental variables and the individual characteristics of house buyers are not taken into consideration. However, since it is difficult to obtain local environmental information in a...