Improving Hedonic Estimation with an Inequality Restricted Estimator

TY - JOUR

T1 - Improving Hedonic Estimation with an Inequality Restricted Estimator

AU - Gilley, Otis W.

AU - Pace, R. Kelley

N1 - Downloadable (with restrictions)! Economists commonly estimate the value of characteristics not traded in explicit markets by hedonic pricing. Unfortunately, these nonexplicitly traded characteristics often display a lack of independent variation or multicollinearity. Often some prior information on the value of these characteristics is available from submarkets.

PY - 1995/11/1

Y1 - 1995/11/1

UR - https://ideas.repec.org/a/tpr/restat/v77y1995i4p609-21.html

U2 - 10.2307/2109810

DO - 10.2307/2109810

M3 - Article

VL - 77

JO - The Review of Economics and Statistics

JF - The Review of Economics and Statistics

IS - 4

ER -