Winston Smith, in memorium

[Antigen]

The Illusions of Hedonics
by Antony Mueller
The idea behind hedonic price index calculation is to incorporate quality changes into prices. This way, a product may be on the market at a higher price, but when the product qualities have augmented more than the price in the eyes of the BLS, it will calculate that the price of this product has actually fallen.

Context: http://www.mises.org/story/1873

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Ginger Warbis ~ Antigen
Drug war POW
Seed Chicklett `71 - `80
Straight, Sarasota
   10/80 - 10/82
Anonymity Anonymous
return undef() if /coercion/i;