Robust and Resistant Estimations of Hedonic Prices for Second Hand Cars: an Application to the Istanbul Car Market
<p>In this study, the ‘hedonic price model’ has been used in order to determine car characteristics that affect second hand car prices. The hedonic price model is estimated with 1032 observations involving Istanbul second hand car market data. In such a heterogeneous data set, there is often a...
| Main Authors: | , , |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
EconJournals
2018-01-01
|
| Series: | International Journal of Economics and Financial Issues |
| Online Access: | https://www.econjournals.com/index.php/ijefi/article/view/5734 |