Entropy methods for identifying hedonic models

Arnaud Dupuy (), Alfred Galichon and Marc Henry
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Alfred Galichon: Sciences Po

No 2014/21, Working Papers from Maastricht School of Management

Abstract: This paper contributes to the literature on hedonic models in two ways. First, it makes use of Queyrannes reformulation of a hedonic model in the discrete case as a network ow problem in order to pro- vide a proof of existence and integrality of a hedonic equilibrium and e¢ cient computational techniques of hedonic prices. Second, elaborat- ing on entropic methods developped in Galichon and Salanié (2014), this paper proposes a new identi cation strategy for hedonic models in a single market. This methodology allows one to introduce hetero- geneities in both consumersand producersattributes and to recover producerspro ts and consumersutilities based on the observation of production and consumption patterns and the set of hedonic prices.

Keywords: hedonic models; entropic methods; identification (search for similar items in EconPapers)
JEL-codes: D12 J3 L11 (search for similar items in EconPapers)
Pages: 20 pages
Date: 2014-05
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (6)

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http://web2.msm.nl/RePEc/msm/wpaper/MSM-WP2014-21.pdf First version, 2014 (application/pdf)

Related works:
Working Paper: Entropy methods for identifying hedonic models (2021)
Working Paper: Entropy Methods for Identifying Hedonic Models (2014)
Working Paper: Entropy Methods for Identifying Hedonic Models (2014)
Working Paper: Entropy methods for identifying hedonic models (2014)
Working Paper: Entropy Methods for Identifying Hedonic Models (2014)
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