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Both the theory and practice of using hedonic regressions to remove quality effects in price indexes are implicitly … quality-adjusted price index for the Australian passenger vehicle market and find they make a substantial difference …
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quality-based price discrimination and the implied tax incidence. In my econometric framework, consumers choose the type of … appears to be consistent with monopolistic price discrimination, effectively segmenting low-mileage from high …-mileage consumers. On average, about 75% to 90% of the price differentials between gasoline and diesel cars can be explained by markup …
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