hedonic

"Hedonic Imputation Versus Time Dummy Indexes," in Price Index Concepts and Measurements, Chapter 4, edited by W.

The hedonic pricing analysis is a valuable instrument for our endeavour as long as it allows to identify the set of observable attributes defining the product and ultimately, setting the price.

The paper applies Random Effect Ordered Probit model to investigate the hedonic adaptation effect using various formulations used in the happiness economics literature.

In this study we sought to understand the psychological mechanism underlying the effect of variety on consumers in terms of perceived hedonic benefits.

(1994) take value derived from a shopping experience and break it into two components: hedonic and utilitarian value.

The researchers specifically looked at two brain processes: the homeostatic and hedonic pathways.

The results showed that people who used their joint credit cards were more likely to opt for the utilitarian coffee mug than the hedonic beer mug.

Effective with the release of Producer Price Index (PPI) data for July 2018 on August 9, 2018, the Bureau of Labor Statistics began using hedonic modeling to estimate quality adjusted prices for notebook microprocessor items within the PPI indexes for integrated microcircuits:

Furthermore, the results suggest that this difference in snack preference between high- and low-restrained eaters is the result of utilitarian and hedonic value perceptions mediating the consumption intentions of high- and low-restrained eaters, respectively.

For our sample, seemingly reasonable hedonic specifications impute out-of-sample prices less accurately than other, traditional quality-adjustment methods.

Ha and Jang, (2010) and Park (2004) both focused on hedonic and utilitarian values of fast food consumers.