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Journal of Consumer Research 1979

An Hedonic Index for Breakfast Cereals

Karen Morgan; Edward J. Metzen; Stanley R. Johnson

Abstract

The hedonic index technique is used to estimate the implicit prices for units of breakfast cereal characteristics. Analysis showed that buyers value many attributes; the value placed on each is dependent upon the class of cereal evaluated. Results suggest this technique has potential for assessing buyer's purchasing behavior for nondurable goods.

DOI
10.1086/208749
Sources
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