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Innis Lecture: Hedonic equilibrium

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  • Michael Peters

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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  • Michael Peters, 2007. "Innis Lecture: Hedonic equilibrium," Canadian Journal of Economics, Canadian Economics Association, vol. 40(4), pages 1060-1077, November.
    • Handle: RePEc:cje:issued:v:40:y:2007:i:4:p:1060-1077
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    Cited by:

    1. Gaetano Lisi, 2013. "On the Functional Form of the Hedonic Price Function: A Matching-theoretic Model and Empirical Evidence," International Real Estate Review, Global Social Science Institute, vol. 16(2), pages 189-207.

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