Applying the Hedonic Method
Language: English
Published by CreateSpace Independent Publishing Platform, 2014
- Softcover
- New

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- Title
- Applying the Hedonic Method
- Author
- Gilbert, Stanley W
- Publisher
- CreateSpace Independent Publishing Platform
- Publication year
- 2014
- Condition
- New
- Binding
- Soft cover
- Language
- English
- ISBN 10
- 1500362239
- ISBN 13
- 9781500362232
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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