This study examines the rent prices of the student housing apartment market surrounding the University of Oregon. The first key component of this study includes a Hedonic price model that helps evaluate what apartment complex amenities and characteristics are most important and influential in determining rental rates in the local community. Secondly, using the information from our Hedonic price...

This study examines the influence of accessibility to different types of employment on single-family residential property values using hedonic regression analysis. Using tax assessors’ property attribute records, regional travel demand model outputs, and real property sales transactions from King County, Washington in 1995 and 1998, a hedonic regression analysis is used to determine whether con...

The purpose of this article is to estimate a model of hedonic prices that is applied to apartments that are rented in the Spanish coastline, based on data that has been provided by Tecnitasa. The results confirm the relevance of the determinants that were previously identified by the literature and point to new determinants, such as tourism competitiveness and online reputation, as future drive...

This paper proposes a price index for artists based on the ratio between the average market price and the average estimated price of the paintings sold by an artist each year, adjusted for market dynamics. We apply this methodology to a group of selected artists and schools drawing from a database including auction prices and estimated prices of paintings presented in auctions world wide betwee...

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...

In this paper we examine quality-adjusted prices for local area network (LAN) equipment. Hedonic regressions are used to estimate price changes for the two largest classes of LAN equipment, routers and switches. A matched model was used for LAN cards and the prices for hubs were inferred by using an economic relationship to switches. Overall, we find that prices for the four groups of LAN equip...

Until recently the Consumer Price Index consisted solely of “matched model” component indices. The latter are constructed by BLS personnel who visit stores and compare prices of goods with the same set of characteristics over successive periods. This procedure is subject to a selection bias. Goods that were not on the shelves in the second period were discarded and hence never contributed price...

In order to effectively incorporate the concern for open space in metropolitan planning, a quantitative valuation of this asset is needed. An environmental-economic framework is described here that assesses various societal values that can be attached to open space. Two complementary methods will be applied in this study: a hedonic pricing method to assess the impact of open space on residentia...

A combination of conceptual analysis and empirical analysis-partial regression and residuals analysis-was used to derive an appropriate functional form hedonic price model. These procedures are illustrated in the derivation of a functional form hedonic model for an automated, econometric daily cotton price reporting system for the Texas-Oklahoma cotton market. Following conceptualization to ded...