Title: Hedonic price analysis of personal computers
Abstract: The basic premise in hedonic price analysis is that heterogeneous goods consist of homogeneous characteristics. The hedonic technique is a method of disaggregating heterogeneous products into measurable characteristics. Using the dummy variable method, this thesis examined the implicit prices of characteristics and estimated quality-adjusted price indexes from a sample of 709 personal computers sold in Australia. The estimated annual average decline of 31 percent suggests that a computer which was worth more than $23,000 in 1988 would cost approximately $2,000 in 1994.
Publication Year: 1994
Publication Date: 1994-01-01
Language: en
Type: dissertation
Indexed In: ['crossref']
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