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Innis Lecture: Hedonic Equilibrium

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  • Peters, Michael

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.

Suggested Citation

  • Peters, Michael, 2004. "Innis Lecture: Hedonic Equilibrium," Microeconomics.ca working papers peters-04-07-30-12-06-27, Vancouver School of Economics, revised 08 Apr 2008.
    • Handle: RePEc:ubc:pmicro:peters-04-07-30-12-06-27
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    File URL: http://montoya.econ.ubc.ca/mike/hedonic_equilibrium.pdf
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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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