CEU Electronic Theses and Dissertations, 2019
| Author | Borza, Endre Márk |
|---|---|
| Title | Scalable Analysis of Hedonic Prices and Local Competition in Hotel Room Prices |
| Summary | In this thesis, a large dataset of hotel room offers is compiled, from over 300 local markets, with at least 200 hotels for each one. Linear regression analysis of these markets shows remarkable heterogeneity, and the robust, price inflating effect of market power. It is suggested, that a lot of care is needed, when the predominant hedonic models in the literature are used to draw conclusions that go beyond a single local market. Further research can use the compiled data to explore the sources of this heterogeneity. |
| Supervisor | Békés, Gábor |
| Department | Economics MA |
| Full text | https://www.etd.ceu.edu/2019/borza_endre.pdf |
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