Concept
Hedonic pricing
| URI | http://vocab.nerc.ac.uk/collection/M10/current/13/1/ | ||
|---|---|---|---|
| Within Vocab | MEDIN ecosystem valuation methods | ||
| Alternative Labels | |||
| Definition | Uses information about how much people pay for houses or other directly-purchased items with specific environmental attributes (e.g., visibility, proximity to amenities or disamenities) to infer how much they value changes in those attributes. A revealed preference method. | ||
| Date | 2013-11-14T10:15:17 | ||
| Identifier | SDN:M10::13 | ||
| Note | accepted | ||
| Is Version Of | 13 | ||
| version | 1 | ||
| Broader | M09:2 |
Direct economic valuation methods | |
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