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Hedonic Analysis of Housing Markets


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  • Stephen Sheppard

    (Oberlin College)


This chapter examines the hedonic analysis of housing markets. These techniques have been widely applied in studies of the demand for housing attributes and environmental amenities. The chapter discusses the theoretical foundation of such analysis, the use of hedonic estimates of demand for welfare analysis, the empirical difficulties that arise in such studies, and some of the methods for overcoming these difficulties. The chapter has been prepared for the forthcoming Handbook of Applied Urban Economics.

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Bibliographic Info

Paper provided by EconWPA in its series Urban/Regional with number 9805001.

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Length: 27 pages
Date of creation: 28 May 1998
Date of revision:
Handle: RePEc:wpa:wuwpur:9805001

Note: Type of Document - Acrobat pdf; prepared on Windows NT (Scientific Workplace); to print on PostScript or Laserjet; pages: 27; figures: Six included in text. This is a chapter from the forthcoming Handbook of Applied Urban Economics
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Keywords: Housing; hedonic models; urban economics;

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