The Core and Hedonic Core: Reply to Wooders (2001), with Counterexamples
University of California - Department of Economics ; School of Law, University of California, Berkeley; National Bureau of Economic Research (NBER)
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.
Number of Pages in PDF File: 13
Keywords: Hedonic Pricing, Monotonicity, Attributes, Comparative Statics
JEL Classification: C0, C7working papers series
Date posted: March 6, 2003
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