Narrow search
Showing 1 - 10 of 13
Cover Image
Volatility of price indices for heterogeneous goods
Bocart, Fabian Y. R. P.; Hafner, Christian M. - 2012
-variance analysis of alternative investments has been hampered by the lack of a systematic treatment of volatility in these markets … underlying volatility. For example, in art markets, auction houses often give price guarantees to the seller that resemble put … the price index, allowing to treat the volatility parameter as the object of interest. The model can be estimated using …
Persistent link: https://www.econbiz.de/10010318789
Cover Image
Econometric analysis of volatile art markets
Bocart, Fabian Y. R. P.; Hafner, Christian M. - 2011
A new heteroskedastic hedonic regression model is suggested which takes into account time-varying volatility and is … expectation. The art price index is a smooth function of time and has a variability that is comparable to the volatility of stock …
Persistent link: https://www.econbiz.de/10010281564
Cover Image
Markets with technological progress: Pricing, quality, and novelty
von Auer, Ludwig; Trede, Mark - 2014
New and old products differ in two respects: quality and newness. Whereas a higher quality of a new product always benefits consumers, the newness itself benefits some consumers, but not others, and for some, it is even a disadvantage. We capture these features in a Hotelling model of...
Persistent link: https://www.econbiz.de/10010435130
Cover Image
Markets with Technological Progress: Pricing, Quality, and Novelty
von Auer, Ludwig; Trede, Mark - Fach Volkswirtschaftslehre, Universität Trier - 2014
New and old products differ in two respects: quality and newness. Whereas a higher quality of a new product always benefits consumers, the newness itself benefits some consumers, but not others, and for some, it is even a disadvantage. We capture these features in a Hotelling model of...
Persistent link: https://www.econbiz.de/10010883360
Cover Image
Markets with Technological Progress: Pricing Quality, and Novelty
Auer, Ludwig von; Trede, Mark - Center for Quantitative Economics (CQE), … - 2014
New and old products differ in two respects: quality and newness. Whereas a higher quality of a new product always benefits consumers, the newness itself benefits some consumers, but not others, and for some, it is even a disadvantage. We capture these features in a Hotelling model of...
Persistent link: https://www.econbiz.de/10010751916
Cover Image
Comparación del precio de los ordenadores en Estados Unidos y España 1990-2000: un enfoque hedónico
GUERRERO DE LIZARDI, C.; PÉREZ GARCÍA, J. - In: Estudios de Economía Aplicada 20 (2002) Diciembre, pp. 549-564
Los objetivos de este trabajo son tres. En primer lugar elaborar índices de precios de los ordenadores en España en el periodo 1990-2000. En segundo lugar compararlos con los compilados por el Instituto Nacional de Estadística y la Oficina de Estadísticas Laborales de Estados Unidos. En...
Persistent link: https://www.econbiz.de/10005075779
Cover Image
Una aproximación al sesgo de medición del precio de las computadoras personales en México
Lizardi, Carlos Guerrero de - In: Economía Mexicana NUEVA ÉPOCA XV (2006) 1, pp. 97-124
Changes in quality in information technology products provoke that compilation of their price indexes represent a major challenge. In this respect, this paper has three goals. In first place, to build price indexes for personal computers during 1990-2004. In second place, to compare our price...
Persistent link: https://www.econbiz.de/10005558252
Cover Image
The Dynamics of Brand Equity: A Hedonic Regression Approach to the Laser Printer Market
Auer, Ludwig von; Trede, Mark - Center for Quantitative Economics (CQE), … - 2010
The authors develop a dynamic approach to measuring the evolution of comparative brand premium, an important component of brand equity. A comparative brand premium is defined as the pairwise price difference between two products being identical in every respect but brand. The model is based on...
Persistent link: https://www.econbiz.de/10008477261
Cover Image
The trends of Italy's international tourism
Alivernini, Andrea; Beretta, Enrico; Breda, Emanuele; … - Banca d'Italia - 2013
The book brings together a series of research papers presented at a workshop on "The trends of Italy's international tourism", held at the Bank of Italy in Rome on 22 June 2012, on occasion of the release, on Bank of Italy's website, of microdata from the Survey on international tourism in...
Persistent link: https://www.econbiz.de/10011277936
Cover Image
Markets with technological progress : pricing, quality, and novelty
Auer, Ludwig von; Trede, Mark - 2014
New and old products differ in two respects: quality and newness. Whereas a higher quality of a new product always benefits consumers, the newness itself benefits some consumers, but not others, and for some, it is even a disadvantage. We capture these features in a Hotelling model of...
Persistent link: https://www.econbiz.de/10010356183