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Applying the Hedonic Method

Applying the Hedonic Method

Paperback

Technology & Engineering

ISBN10: 1500362239
ISBN13: 9781500362232
Publisher: Createspace
Published: Jun 29 2014
Pages: 32
Weight: 0.22
Height: 0.07 Width: 8.50 Depth: 11.02
Language: English
The hedonic method provides a mechanism for the impact on the price of a composite good of a new product innovation. Under the right circumstances, and with the right data, it can even help estimate the value to the consumer of those new product innovations. This helps in estimating the benefits of advances in measurement science, and in some cases can help show where additional resources could be profitably spent in seeking further advances.

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Technology & Engineering