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In economics, hedonic regression, also sometimes called hedonic demand theory, is a revealed preference method for estimating demand or value of a characteristic of a differentiated good. It decomposes the item being researched into its constituent characteristics and obtains estimates of the contributory value for each.
Products, Criticisms of hedonic models & Overview
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hedonic used regression models economics prices value demand price housing quality real estate cpi index characteristics changes market appraisal good
| Subject | Predicate | Object | Confidence | Src |
|---|---|---|---|---|
| sales adjustment grids are special cases which do not.Hedonic models are commonly used in real estate appraisal | instance of | although some more generalized models | 0.80 | text |
| real estate economics | instance of | although some more generalized models | 0.80 | text |
| environmental economics | instance of | although some more generalized models | 0.80 | text |
| marketing research | instance of | although some more generalized models | 0.80 | text |
| and Consumer Price Index | instance of | although some more generalized models | 0.80 | text |
| the size of the home or number of bedrooms | instance of | a hedonic model might be used to estimate demand or willingness to pay for a housing characteristic | 0.80 | text |
| its amount of bedrooms | instance of | it is assumed that a house can be decomposed into characteristics | 0.80 | text |
| the size of its lot | instance of | it is assumed that a house can be decomposed into characteristics | 0.80 | text |
| or its distance from the city center | instance of | it is assumed that a house can be decomposed into characteristics | 0.80 | text |
| Hedonic regression | related to Criticisms of hedonic models | Some | 0.60 | section |
| Hedonic regression | related to Criticisms of hedonic models | Austrian | 0.60 | section |
| Hedonic regression | related to Criticisms of hedonic models | US | 0.60 | section |
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