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• W3105959002 abstract "Sharing economy-based accommodations has grown dramatically worldwide. Given the crucial role of pricing, academics have used hedonic methods to estimate a large number of implicit prices and accommodation characteristics. It is now time to question our estimation methods. Based on the hedonic methodological literature, this article outlines five proposals to improve model performance: extended specification of attributes, flexible specification of functional forms, market segmentation, and treatment of time and spatial heterogeneities. Each proposal is tested on 13,991 Airbnb listings in Bordeaux, one of the world's top urban tourism destinations. Findings offer significant guidelines for future studies and more relevant information to market players but also suggest that low performance on specific segments is not due to technical problems." @default.
• W3105959002 created "2020-11-23" @default.
• W3105959002 creator A5073473296 @default.
• W3105959002 date "2021-01-01" @default.
• W3105959002 modified "2023-10-01" @default.
• W3105959002 title "Methodological discussion of Airbnb's hedonic study" @default.
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• W3105959002 doi "https://doi.org/10.1016/j.annals.2020.103079" @default.
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