The Doubtful Profitability of Foggy Pricing* A particular tariff option is said to be foggy when another option or a combination of other tariff options offered by the same firm is always less expensive regardless of the usage profile of any customer. Alternatively, tariff fogginess may refer to the whole set of tariff options and it is related to the low likelihood that a particular tariff opt...

The valuation of Canadian paintings is analyzed empirically. Using a sample of auction prices for major Canadian painters for the period 19682001, we run hedonic regressions to analyze the in‡uence of various factors, including painter identity, on auction prices, as well as to construct a market price index. This index is used in a second stage analysis in which we analyze the properties of Ca...

Hedonic pricing analysis is conducted to determine the implicit values of various attributes in the market value of a good. In this study, hedonic pricing analysis was applied to measure the contribution of grain quality search and experience attributes to the price of rice in two rural towns in the Philippines. Rice samples from respondents underwent quantitative routine assessments of grain q...

Benefit capture in environmental economics usually refers to “capture” of values from non-market estimation for various natural resource projects or programs. This paper expands this notion to include revenue impacts from changes in property values. It also provides empirical evidence from hedonic pricing and contingent valuation of selected improvements to the Muskingum River corridor in SE Ohio.

The valuation of French Canadian paintings is analyzed empirically. Using a sample of auction prices for major French Canadian painters for the period 1968-2005, we run hedonic regressions to analyze the influence of various factors, including painter identity, on auction prices, as well as to construct a market price index. This index is used in a second stage analysis in which we analyze the ...

Assessing the potential economic and financial feasibility of a new aquaculture operation requires, amongst other things, an estimate price product is expected to receive once produced. For species, such prices may not be apparent in market. In this study, we develop hedonic pricing model species being considered for aquaculture, but which does have current market presence Australia. The includ...