The Core and Hedonic Core: Reply to Wooders (2001), with Counterexamples

13 Pages Posted: 6 Mar 2003

See all articles by Suzanne Scotchmer

Suzanne Scotchmer

University of California - Department of Economics (Deceased); University of California, Berkeley - School of Law; National Bureau of Economic Research (NBER)

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Date Written: May 2002

Abstract

In response to Wooders (2001), I review the contributions of Engl and Scotchmer (1996) regarding monotonicity and the hedonic core, show how our contributions diverge from those previously in the literature, and highlight the importance of our assumptions by giving counterexamples, particularly to related results of Wooders.

Keywords: Hedonic Pricing, Monotonicity, Attributes, Comparative Statics

JEL Classification: C0, C7

Suggested Citation

Scotchmer, Suzanne, The Core and Hedonic Core: Reply to Wooders (2001), with Counterexamples (May 2002). Available at SSRN: https://ssrn.com/abstract=367240 or http://dx.doi.org/10.2139/ssrn.367240

Suzanne Scotchmer (Contact Author)

University of California - Department of Economics (Deceased)

Berkeley, CA 94720-3880
United States

University of California, Berkeley - School of Law

215 Law Building
Berkeley, CA 94720-7200
United States

National Bureau of Economic Research (NBER)

1050 Massachusetts Avenue
Cambridge, MA 02138
United States

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