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Author:Silver, M.
Title:Disparities in the prices of new and old models when they coexist in the market: some econometric estimates.
Journal:Omega
1999 : FEB, VOL. 27:1, p. 13-24
Index terms:Price theory
Econometric models
Consumer durables
Life cycle cost
Freeterms:Hedonic regressions
Pricing models/brands
Vintage effects
Language:eng
Abstract:The article deals with the econometric modelling of prices of similar goods of different vintages coexisting in a market. It uses micro scanner monthly data 1992-95 for "14" television sets in the UK to provide an econometric analysis of pricing behaviour for a particular make and model and then, more generally for the market as a whole.
SCIMA record nr: 194160
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