HEDONIC PRICING APPROACH


Meaning of HEDONIC PRICING APPROACH in English

Derives values by decomposing market prices into components encompassing environmental and other characteristics through studying property values, wages and other phenomena. The premise of the approach is that the value of an asset depend on the stream of benefits derived, including environmental amenities.

Environmental economics English glossary.      Английский глоссарий экономики окружающей среды.