@article{article_118709, title={HEDONIC PRICE FOR CAR IN IRAN}, journal={Sosyal Bilimler Dergisi}, pages={118–127}, year={2012}, author={Hadinejad, Manijeh and Shabgard, Bita}, abstract={<div>ABSTRACT </div> <div>Car industry constitutes a major part of economic activities and is deeply linked </div> <div>to other economical sectors. This industry is a mirror reflecting the general situation </div> <div>of each country’s industries. Car manufacturing industry is forced to renovate due </div> <div>to parametes effective on its products demand. Sedan car comprises a specific share </div> <div>of the family consumption expenditure among durable goods. The payments that </div> <div>the consumer bears for acquiring a sedan car which meets its needs depend on a set </div> <div>of parameters that identifies the car by such features. The Hedonic method is a </div> <div>method that considers the goods price a function of all its specifications and features </div> <div>and by this method you may study the priorities and interests of applicants. </div> <div>The implicit prices that are achieved in Hedonic method is an estimate of </div> <div>family’s final desire to pay for car specifications which in fact the priorities of the </div> <div>family to choose the car will be determined by determination of the final desire to </div> <div>pay the price. In this research a full logarithmic model for estimation of Hedonic </div> <div>price model has been used in 3 section levels of 2006, 2008, 2010. The statistical </div> <div>population consists of 30 car models manufactured and assembled by sedan car </div> <div>manufacturing factories in Iran. Among the features presented for the car, 5 features </div> <div>group have a meaningful effect on the sedan car price among which we can </div> <div>point to the size of car which has the highest effect on car price and the consumer </div> <div>has the highest tendency for paying for this feature. </div> <div>Key Words: Hedonic Pricing, Car’s Price, Features’s Car </div>}, number={2}, publisher={İstanbul University-Cerrahpasa}