Row 67227
Content Data
This page contains data entry 67227 from the Axioma AXP content repository. The structured data below represents the complete record for this entry.
Nothing can be 100% accurate or perfect especially with subjective concepts like utility, but it is wise to at least attempt to include it.
If a computer is twice as fast, but costs 20% more, it's not fair to simply say inflation is 20% when the product you're receiving isn't the same, but far superior.
This is a very good paper on hedonic adjustment (and the answer to my question earlier was roughly 7.5% - so over 90% of products aren't adjusted) and may help answer your questions.
[https://public.websites.umich.edu/\~shapiro/papers/Price\_Quantity\_Scale.pdf](https://public.websites.umich.edu/~shapiro/papers/Price_Quantity_Scale.pdf)
| Field | Value |
|---|---|
| text | Nothing can be 100% accurate or perfect especially with subjective concepts like utility, but it is wise to at least attempt to include it. If a computer is twice as fast, but costs 20% more, it's not fair to simply say inflation is 20% when the product you're receiving isn't the same, but far superior. This is a very good paper on hedonic adjustment (and the answer to my question earlier was roughly 7.5% - so over 90% of products aren't adjusted) and may help answer your questions. [https:/… |
| label | r/economics |
| dataType | comment |
| communityName | r/Economics |
| datetime | 2024-05-23 |
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Raw Record
{
"text": "Nothing can be 100% accurate or perfect especially with subjective concepts like utility, but it is wise to at least attempt to include it. \n\nIf a computer is twice as fast, but costs 20% more, it's not fair to simply say inflation is 20% when the product you're receiving isn't the same, but far superior.\n\nThis is a very good paper on hedonic adjustment (and the answer to my question earlier was roughly 7.5% - so over 90% of products aren't adjusted) and may help answer your questions.\n\n[https://public.websites.umich.edu/\\~shapiro/papers/Price\\_Quantity\\_Scale.pdf](https://public.websites.umich.edu/~shapiro/papers/Price_Quantity_Scale.pdf)",
"label": "r/economics",
"dataType": "comment",
"communityName": "r/Economics",
"datetime": "2024-05-23",
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}
Entry Information
- Entry ID: 67227
- Repository: Axioma AXP
- Dataset: arrmlet/reddit_dataset_36
- Total Entries: 100,000