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A Diagnostic Approach to the Multicollinearity Problem for Better Model Selection in the Hedonic Pricing Method
The hedonic pricing method is an effective technique for estimating land and building prices. Nonetheless, numerous analysts have expressed concerns...
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Area-Based Hedonic Pricing of Urban Green Amenities in Bei**g: A Spatial Piecewise Approach
This study explores a spatial piecewise approach for the hedonic valuation of the area of urban green space at different distances from a property,...
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Hedonic Alchemy of Fun and Pleasure
Why do we revel in things we don't really need? Is the quest for hedonic pleasurePleasure just an indulgent extra in our lives?
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The social value of a ridesharing platform: a hedonic pricing approach
Governments around the world have been facing the challenges of regulating the ever-increasing prevalence of ridesharing platforms, leading to a...
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Estimation and Applications of the Hedonic Function of Housing
There are several limitations of the conventional housing evaluation methods comprising the cost, sales comparison, and profit return methods. The...
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The Value of Scattered Greenery in Urban Areas: A Hedonic Analysis in Japan
This study investigates the impact of scattered greenery (street trees and yard bushes), rather than cohesive greenery (parks and forests), on...
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Hedonic Models and House Price Index Numbers
We survey some recent developments in the literature on hedonic price indices for housing. The main classes of hedonic methods are presented along...
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Techno-economic price-worthiness of mobile networks: a hedonic heuristic perspective
The present study is conceived to develop a model based on hedonic heuristics to deduce a performance index of service products offered by modern...
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Hedonic real estate price estimation with the spatiotemporal geostatistical model
This study argues that the spatiotemporal geostatistical model for real estate prices, which accounts for and incorporates spatial autocorrelation,...
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House Prices and Flood Risk Exposure: An Integration of Hedonic Property Model and Spatial Econometric Analysis
The impact of climate change is devastating in develo** countries where flood protection and insurance schemes are limited. Certain parts of Ho Chi...
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Accounting for Spatial Autocorrelation in Algorithm-Driven Hedonic Models: A Spatial Cross-Validation Approach
Data-driven machine learning algorithms have initiated a paradigm shift in hedonic house price and rent modeling through their ability to capture...
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Housing Valuation and the Business Cycle: The Hedonic House Price Index Approach
The hedonic price method (Rosen S. J Polit Econ 82:34–55, 1974) has widely been used to assess the demand for, and prices of, housing. This method is...
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Appropriate Housing Valuation Using Hedonic Price Function and Promoting Information Disclosure
This chapter proposes a housing valuation method using a hedonic price function obtained from a sample of Tokyo-based condominiums listed for sale in...
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Air Pollution and Housing Values in Korea: A Hedonic Analysis with Long-range Transboundary Pollution as an Instrument
We estimate the degree and scope of PM 2.5 -induced negative price shock in Korea’s local housing markets, taking a two-stage hedonic approach. For the...
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Unfolding Bei**g in a Hedonic Way
The housing market is of tremendous importance to the Chinese economy. Housing prices in a metropolitan like Bei**g are determined not only by the...
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Spatial heterogeneity of marginal willingness to pay for air quality in PM2.5: analysis of buyers’ housing price in Bei**g through hedonic price, spatial regression, and quantile regression models
Valuing air quality can help governments better evaluate the economic benefits of policies related to air pollution. However, many studies ignore...
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The Hedonic Method for Valuing Environmental Policies and Quality
Benefit-cost analysts attempt to compare two states of the world, the status quo and a state in which a policy having benefits and costs is being...
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A spatial hedonic approach for modeling the relationship between quality of urban life and housing prices, case study: Alexandria city, Egypt
Urban areas in develo** countries face many challenges to improve Quality of Urban Life (QUL). This highlights the need for providing a systematic...
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Reparations to Africa for the Slave Trades—An Hedonic Damages Approach to Calculating the Value of Lost Freedom
There have been numerous attempts to estimate the value of economic losses from slavery and the slave trade. This paper considers the value of the...
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Housing Choice, Residential Mobility, and Hedonic Approaches
This chapter explores the literature on residential mobility and house price hedonics. Residential mobility studies the decision of economic agents...