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This paper considers the identification and estimation of hedonic models. We establish that in an additive version of the hedonic model, technology and preferences are generically nonparametrically identified from data on demand and supply in a single hedonic market. The empirical literature...
Persistent link: https://www.econbiz.de/10005733096
This paper studies the identification and estimation of preferences and technologies in equilibrium hedonic models. In it, we identify nonparametric structural relationships with nonadditive heterogeneity. We determine what features of hedonic models can be identified from equilibrium...
Persistent link: https://www.econbiz.de/10008679671
This paper considers the identification and estimation of hedonic models. We establish that in an additive version of the hedonic model, technology and preferences are generically identified up to affine transformations from data on demand and supply in a single hedonic market. For a very...
Persistent link: https://www.econbiz.de/10005710523
Persistent link: https://www.econbiz.de/10012281964
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We present evidence from 260,000 online auctions of second-hand cars to identify the impact of public reserve prices on auction outcomes. We exploit multiple discontinuities in the relationship between reserve prices and vehicle characteristics to present causal RD estimates of reserve price...
Persistent link: https://www.econbiz.de/10011201354
The book aims to further our understanding of how economic reasoning and legal expertise complement each other in defining the fundamental issues and principles in competition policy. In specially commissioned chapters the book provides a scholarly review of economic theory, empirical evidence...
Persistent link: https://www.econbiz.de/10011181860
We use hedonic prices and purchase quantities to consider what can be learned about household willingness to pay for baskets of organic products and how this varies across households. We use rich scanner data on food purchases by a large number of households to compute household specific lower...
Persistent link: https://www.econbiz.de/10005662137
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This paper provides an overview of the Norwegian biomass resources for bioenergy use, bioenergy market and frame conditions through a comparison with Denmark, Finland and Sweden, which have a leading role in bioenergy production in the European Union. Although the contribution of renewable...
Persistent link: https://www.econbiz.de/10009249474