Estimating Hedonic Models of Consumer Demand with an Application to Urban Sprawl

@inproceedings{Bajari2004EstimatingHM,
  title={Estimating Hedonic Models of Consumer Demand with an Application to Urban Sprawl},
  author={Patrick Bajari},
  year={2004}
}
In this paper, we describe a method for estimating hedonic models of consumer demand using a methods described in Bajari and Benkard (2005) and Bajari and Kahn (2005). We apply our methods to understanding suburbanization and the associated urban sprawl using a unique data set form Los Angeles in 2000-2003. Urban sprawl has both costs and benefits. One cost of sprawl is that commute times are increased since homes and places of work are more dispersed. A benefit is that sprawl allows consumers… CONTINUE READING

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