This volume addresses the search for a true price index, the need to know how to convert an amount at one date into the right amount at another date. The index number problem is the longstanding question concerning how such an index should be constructed.
Property valuation and appraisal indices -- A global tour of transaction property price indices -- The theory of hedonic pricing modelling -- Property price index construction methods -- The study area and the data -- Empirical demonstration of property price index construction …
Price indexes can be constructed using a "hedonic method" that adjusts for changes in the quality of a product by focusing on a set of key product characteristics. This handbook contributes to a better understanding of the merits and shortcomings of conventional and hedonic pric…
by O'Neill, Robert, Ralph, Jeff, Smith, Paul A.
fromPalgrave Pivot
by O'Neill, Robert, Ralph, Jeff, Smith, Paul A.
fromPalgrave Pivot
