Improving information in project appraisal using hedonic pricing : a case study of marina berthing charges
Coglan, Louisa & Hobson, John (1998) Improving information in project appraisal using hedonic pricing : a case study of marina berthing charges. Impact Assessment and Project Appraisal, 16(4), pp. 305-314.
Hedonic pricing techniques can be used to generate quantitative information useful to the project appraiser at various stages of the project cycle, most notably project formulation and investment appraisal. To illustrate, a hedonic pricing model is applied to marina berthing charges in England and Wales. The technique determines the relevant marina facilities that are reflected in marina rental price. The contribution of the key marina facilities is expressed in monetary terms as the contribution to cost per overall rental price per foot.
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|Item Type:||Journal Article|
|Keywords:||hedonic pricing, project formulation, investment appraisal|
|Divisions:||Current > QUT Faculties and Divisions > QUT Business School
Current > Schools > School of Economics & Finance
|Copyright Owner:||Copyright 1998 Taylor & Francis|
|Deposited On:||29 Oct 2014 22:48|
|Last Modified:||29 Oct 2014 22:48|
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