hedonic pricing

Definition

A method of pricing based on the principle that, the price of a marketed good is affected by certain external environmental or perceptual factors that can raise or lower the "base" price of that good. This is commonly applied to the housing market, where the price of a house can be affected by factors such as scenic views, house appearance, and neighborhood demand. The hedonic pricing model is used to estimate the extent that price and demand can be affected by such factors i.e. how much people are willing to pay for that good when considering these factors.

单词	hedonic pricing
释义	hedonic pricing Definition A method of pricing based on the principle that, the price of a marketed good is affected by certain external environmental or perceptual factors that can raise or lower the "base" price of that good. This is commonly applied to the housing market, where the price of a house can be affected by factors such as scenic views, house appearance, and neighborhood demand. The hedonic pricing model is used to estimate the extent that price and demand can be affected by such factors i.e. how much people are willing to pay for that good when considering these factors.
随便看	hard market hard metal hard money hardness hard selling hardship hardship clause hard skills hard time maintenance hard-to-borrow list hardware hard water hardwood harm harmless warrant harmonic mean harmonization harmonized commodity description and coding system Harmonized Index of Consumer Prices (HIPC) harmonized sales tax (HST) harmonized system (HS) Harmonized Tariff Schedule of the United States (HTSUS) HARPEX Shipping Index Harry Markowitz Hart-Scott-Rodino Act (HSR Act)