Caudill, Steven B.; Mixon, Franklin G. - In: Journal of risk and financial management : JRFM 13 (2020) 5/105, pp. 1-8
estate studies have sought to address bargaining effects in hedonic regression models. Prior research proposes a procedure to … estimate bargaining effects in hedonic regression models that depends critically on a substitution to eliminate omitted … thus produces biased estimates of bargaining power when certain property characteristics are omitted. A classic hedonic …