Hedonic theory, marketing research, and the analysis of complex goods☆
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Cited by (19)
The effects of beach characteristics and location with respect to hotel prices
2011, Tourism ManagementCitation Excerpt :The hedonic estimates allow private firms to figure out how different combinations of beach characteristics affect the prices they can charge. Since the estimates supply price/quality information with a theoretical economic background, they make possible for the agents in the market to properly evaluate differentiated products on which production and consumption decisions can be based (Kristensen, 1984). This information would be expensive to obtain with other existing marketing research tools (see, for instance, Rigall-I-Torrent & Fluvià, 2010).
Managing tourism products and destinations embedding public good components: A hedonic approach
2011, Tourism ManagementCitation Excerpt :Traditionally, hedonic methods have been used for making correct pricing decisions. However, since hedonic methods supply price/quality information with a theoretical economic background, they make it possible for the agents in the market to properly evaluate differentiated products on which they can base their production and consumption decisions (Kristensen, 1984). Therefore, hedonic methods are a valuable, though often neglected, tool to elicit information regarding many other managerially relevant variables (see, for instance, Basu, Mazumdar, & Raj, 2003; Gandal, 1994; Koschat & Putsis, 2002).
Neural networks and non-linear statistical methods: An application to the modelling of price-quality relationships
2002, Computers and Operations ResearchSpecification and empirical evaluation of a cluster-asymmetry market share model
1990, International Journal of Research in MarketingBranch planning through decentralised marketing and regional analysis studies
1987, European Journal of Operational ResearchA firm-specific analysis of service quality costs
2015, International Journal of Logistics Research and Applications
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The author wishes to thank the referees and the editor for their helpful comments on an earlier version of the paper.