A Practical Guide to Price Index and Hedonic Techniques PDF
By:Ana M. Aizcorbe
Published on 2014-06-12 by Oxford University Press, USA
This book provides an accessible guide to price index and hedonic techniques, with a focus on how to best apply these techniques and interpret the resulting measures. One goal of this book is to provide first-hand experience at constructing these measures, with guidance on practical issues such as what the ideal data would look like and how best to construct these measures when the data are less than ideal. A related objective is to fill the wide gulf between the necessarily simplistic elementary treatments in textbooks and the very complex discussions found in the theoretical and empirical measurement literature. Here, the theoretical results are summarized in an intuitive way and their numerical importance is illustrated using data and results from existing studies. Finally, while the aim of much of the existing literature is to better understand official price indexes like the Consumer Price Index, the emphasis here is more practical: to provide the needed tools for individuals to apply these techniques on their own. As new datasets become increasingly accessible, tools like these will be needed to obtain summary price measures. Indeed, these techniques have been applied for years in antitrust cases that involve pricing, where economic experts typically have access to large, granular datasets.
This Book was ranked at 12 by Google Books for keyword Reference Consumer Guides novel.
Book ID of A Practical Guide to Price Index and Hedonic Techniques's Books is gF2yAwAAQBAJ, Book which was written byAna M. Aizcorbehave ETAG "AmidPL6H3uw"
Book which was published by Oxford University Press, USA since 2014-06-12 have ISBNs, ISBN 13 Code is 9780198702429 and ISBN 10 Code is 0198702426
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Book which have "160 Pages" is Printed at BOOK under CategoryBusiness and Economics
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