Diagnostics for Hedonic Models Using an Example …

Submit Manuscript | : CPI, consumer price indices; HICP, harmonized index of consumer price index; ECB, european central bank s; OLS, ordinary least squaresIntroductionHedonic regressionHedonic regression is a method used to determine the value of a good or service by breaking it down into its component parts. The value of each component is then determined separately through regression analysis. See Lancaster K,1 Griliches Z2,3 and Diewert4-6 for detail discussions on the development and application of Hedonic prices.

Biometrics & Biostatistics International Journal Diagnostics for Hedonic Models Using an Example for Cars (Hedonic Regression) Volume 2 Issue 1 - 2015

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