The hedonic pricing model encompasses all the characteristics that heterogeneous goods have. Accordingly, each of the characteristics of any good is considered as a good and a service. When determining the prices of goods, the effect of each feature contributes to the formation of the price. The prices of heterogeneous goods are determined by the hedonic price model. Based on this theory, 260 houses in Istanbul/Eyüp district were examined and the effect of each variable on housing prices was tried to be determined with the stata program.
Primary Language | English |
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Subjects | Economics |
Journal Section | Articles |
Authors | |
Publication Date | December 31, 2022 |
Published in Issue | Year 2022 Volume: 20 Issue: 4 |