While scholars have integrated the insights of hedonics
into other areas of law, no scholarship has yet done so with respect to property.
In practice, hedonic
pricing regressions are rife with econometric problems, including collinearity between the fuel economy and other vehicle attributes, and, even more important, the possibility that that fuel economy might capture omitted car attributes that are correlated with it, which would result in biased estimates of the value of the fuel economy (Atkinson and Halvorsen, 1984; Knittel, 2011).
"The Application of a Hedonic
Model to a Quality-Adjusted Price Index for Computer Processors." In Technology and Capital Formation, edited by Dale W.
Valuation and Hedonic
Pricing Theory In their research examining the potential value of corporate naming rights for an arena in the city of Omaha, Nebraska, Ashley and O'Hara (2001) suggested three methods to conduct naming rights valuation studies.
In leisure tourism, hedonic
experience is a popular research topic.
quality adjustment can account for changes in the quality (characteristics) of products that cannot be captured with the use of a matched model.
As a final note, we conducted a hedonic
study in Chino Hills, California, of a proposed underground 500 kV transmission line that included disclosure of EMF exposure.
We believe that housing price hedonics
are the best tool for examining how homeowners value local amenities.
Mueller, Anthony P (2005) The illusions of hedonics
. Mises daily 7/29/2005.
("valence or degree of attractiveness the product commands"),
Particular interest has focused on the spatial hedonics
of disamenities, a literature stream that began in the 1990s.
Psychological factors including hedonics
and social influences come next, and the book ends with public health concerns associated with the issue.