首页    期刊浏览 2024年12月05日 星期四
登录注册

文章基本信息

  • 标题:Valuing quality
  • 本地全文:下载
  • 作者:Laura Blow ; Ian Crawford
  • 期刊名称:IFS Working Papers / Institute for Fiscal Studies London
  • 电子版ISSN:1742-0415
  • 出版年度:1999
  • 卷号:1999
  • 出版社:Institute for Fiscal Studies London
  • 摘要:

    This paper uses revealed preference restrictions and nonparametric statistical methods to bound a quality-constant price series for a good that changes quality over time. Unlike the more usual hedonic regression techniques for estimating quality-adjusted prices, this method does not require us to observe the changing characteristics of the good or to assume a particular functional relationship between these characteristics and quality. To place a bound on quality change using revealed preference conditions we assume that preferences are stable over time, that quality change occurs in one good or group of goods and that the direction of quality change is known.

国家哲学社会科学文献中心版权所有