In economics, hedonic regression, also sometimes called hedonic demand theory, is a revealed preference method for estimating demand or value of a characteristic of a differentiated good. It decomposes the item being researched into its constituent characteristics and obtains estimates of the contributory value for each.
In economics, hedonic regression, also sometimes called hedonic demand theory, is a revealed preference method for estimating demand or value of a characteristic of a differentiated good. It decomposes the item being researched into its constituent characteristics and obtains estimates of the contributory value for each.
Source: Wikipedia "Hedonic regression" · CC BY-SA 4.0
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