hedonic estimation
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2019 ◽  
Vol 26 (4) ◽  
pp. 622-639
Author(s):  
Stephen J Conroy ◽  
Nicholas Toma ◽  
Gregory P Gibson

The authors investigate the effect of location on the nightly hotel room rates charged in Las Vegas. Using a hedonic estimation approach, the authors control for room amenities and hotel and time characteristics. Including 6087 hotel room nights for hotels located near the Las Vegas Strip in two different years (2012 and 2017), the authors estimate the relationship between hotel location and nightly room rates. Consistent with prior investigations, the authors find strong evidence for the effect of location, amenities, and day of week on hotel prices, with a “Strip premium” of 40.21% (US$106.85 at the mean hotel price) for hotels located within 0.25 miles of the Las Vegas Strip compared to hotels beyond 0.75 miles of the Strip. They estimate a Center-of-Strip premium of 70.23% (US$186.61 at the mean hotel price) for hotels located within 0.75 miles, 36.89% (US$98.01) for the next 0.75 miles, and 18.89% (US$50.18) for the next 0.75 miles, compared to hotels beyond 2.25 miles.


2014 ◽  
Vol 25 ◽  
pp. 104-123 ◽  
Author(s):  
Alain Pholo Bala ◽  
Dominique Peeters ◽  
Isabelle Thomas
Keyword(s):  

2014 ◽  
Vol 14 (3) ◽  
pp. 755-790
Author(s):  
Chris Rohlfs ◽  
Melanie Zilora

Abstract This study estimates parents’ valuations of small classes by examining the effects of randomly assigned class type on the decision to remove one’s child from the Tennessee Student Teacher Achievement Ratio experiment, using a new hedonic estimation strategy that estimates the cash payment that would be required to generate the same difference in attrition rates as was observed between treatment and control groups. In 2010 dollars, our preferred estimates indicate that parents on the margin of sending their children to private schools valued small classes at $2,000–$18,000 per year relative to a cost of $3,000 per student year.


2011 ◽  
Vol 20 (4) ◽  
pp. 233-248 ◽  
Author(s):  
Yong Chen ◽  
John M. Clapp ◽  
Dogan Tirtiroglu

2011 ◽  
Author(s):  
Robin Cross ◽  
Andrew Plantinga ◽  
Robert Stavins
Keyword(s):  

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