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Innis Lecture: Hedonic Equilibrium

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Author Info
Peters, Michael

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Abstract

This paper describes hedonic equilibrium and shows how and why the concept has to be modified when characteristics of traders on both sides of the market are endogenous.

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File URL: http://montoya.econ.ubc.ca/mike/hedonic_equilibrium.pdf
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Publisher Info
Paper provided by Microeconomics.ca Website in its series Micro Theory Working Papers with number peters-04-07-30-12-06-27.

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Length: 0 pages
Date of creation: 30 Jul 2004
Date of revision: 08 Apr 2008
Handle: RePEc:ubc:pmicro:peters-04-07-30-12-06-27

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For technical questions regarding this item, or to correct its listing, contact: (Michael Peters).

Related research
Keywords: hedonic; matching; ex ante investment;

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This paper has been announced in the following NEP Reports: References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
  1. Bulow, Jeremy I. & Levin, Jonathan, 2003. "Matching and Price Competition," Research Papers 1818, Stanford University, Graduate School of Business. [Downloadable!]
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  2. Burdett, Ken & Coles, Melvyn G, 2001. "Transplants and Implants: The Economics of Self-Improvement," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 42(3), pages 597-616, August.
  3. Felli, Leonhardo & Roberts, Kevin, 2000. "Does Competition Solve the Hold-Up Problem?," CESifo Working Paper Series CESifo Working Paper No. , CESifo Group Munich. [Downloadable!]
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  4. Michael Peters & Aloysius Siow, 2002. "Competing Premarital Investments," Journal of Political Economy, University of Chicago Press, vol. 110(3), pages 592-608, June. [Downloadable!] (restricted)
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  5. Harold L. Cole & George J. Mailath & Andrew Postlewaite, . "Efficient Non-Contractible Investments in a Finite Economy," Penn CARESS Working Papers 452f3f87415f37596752b3995, Penn Economics Department. [Downloadable!]
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  6. Rosen, Sherwin, 1974. "Hedonic Prices and Implicit Markets: Product Differentiation in Pure Competition," Journal of Political Economy, University of Chicago Press, vol. 82(1), pages 34-55, Jan.-Feb.. [Downloadable!] (restricted)
  7. Nosaka, Hiromi, 2007. "Specialization and competition in marriage models," Journal of Economic Behavior & Organization, Elsevier, vol. 63(1), pages 104-119, May. [Downloadable!] (restricted)
  8. Peters, Michael, 2004. "The Pre-Marital Investment Game," Micro Theory Working Papers peters-04-02-18-01-42-09, Microeconomics.ca Website, revised 13 Sep 2006. [Downloadable!]
    Other versions:
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