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Hedonic Analysis of Housing Markets

Author

Listed:
  • Stephen Sheppard

    (Oberlin College)

Abstract

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.

Suggested Citation

  • Stephen Sheppard, 1998. "Hedonic Analysis of Housing Markets," Urban/Regional 9805001, University Library of Munich, Germany.
  • 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;
    All these keywords.

    JEL classification:

    • R - Urban, Rural, Regional, Real Estate, and Transportation Economics

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