Kräussl, Roman (contributor); … - 2008
periods:
it
t
itt
z
j
ijjit
DXP +++=
==
τ
01
ln
(1)
where lnP
it
represents the natural logarithm of the …:
−=
= ==
+
z
j
m
i
tij
n
i
tij
j
m
X
n
X
adjustmentqualityhedonic
1 1
,
1
1,
exp β
(3)
The hedonic quality adjustment is an index …:
−
∏∏
=
= ==
+
==
+
z
j
m
i
tij
n
i
tij
j
m
i
m
ti
n
i
n
ti
m
X
n
X
PP
Index
1 1
,
1
1,
1
/1
,
1
/1
1,
exp
)()(
β
(4)
This index …