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3.5.2 Revealed preferences: Hedonic pricing

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Hedonic pricing uses information about how much people pay for houses or other directly-purchased items with specific environmental attributes (e.g., visibility, proximity to amenities or disamenities) to infer how much they value changes in those attributes.

  • Type of measured value: Residential use value.

 

For more information see:
In French:Terra, S., Guide des bonnes pratiques pour la mise en oeuvre de la méthode des prix hédoniques, Directions des études éconmiques et de l'évaluation environmentale, Minisètre de l'Ecologie et du Développement Durable. Glasses icon
In English: www.ecosystemvaluation.org/hedonic_pricing.htm

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