Hedonic Analysis of Reliability and Safety for New Automobiles.

This paper investigates the pricing of reliability and safety in the new automobile market to determine how well that market works under imperfect information. This study utilizes actual transaction prices for new automobiles and overcomes, through the use of principal components, some of the multicollinearity problems present in earlier studies.

Main Author: Asher, Cheryl.
Format: Villanova Faculty Authorship
Language: English
Published: 1992
Online Access: http://ezproxy.villanova.edu/login?url=https://digital.library.villanova.edu/Item/vudl:173851