2009•Journal of Southwest Jiaotong UniversityRequires access
Amelioration of House Hedonic Price Theory Models
Hong Lu
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Abstract
According to the references domestic and abroad,the present research on housing price can be divided into two types: price theory of neo-classical economics based on individual behaviors and hedonic price theory based on product differences.Due to the limitations of the two,we have proposed a comprehensive model for measuring house prices,which includes house hedonic price variable and housing market supply and demand variable.