De Silva, Dakshina G. and Thakur, Nidhi and Xie, Mengzhi (2013) A hedonic price analysis of hearing aid technology. Applied Economics, 45 (16). pp. 2315-2323. ISSN 0003-6846Full text not available from this repository.
In this article, we study how technological components affect the price of hearing aids. The main goals are to determine which functional and technological features have the greatest influence on manufacturer-based prices in the hearing aid industry, and to analyse the price-cost margins at the dispenser level using a unique data set that is compiled from a hearing clinic in West Texas. The result shows that style and signal processing scheme are the two most important determinants of hearing aid price. Other characteristics such as directional microphone, noise cancellation, and a certain shell type are also positively related to price. Further, on average, this particular local dispenser has a markup of about 35% per hearing instrument.
|Journal or Publication Title:||Applied Economics|
|Uncontrolled Keywords:||Price-Cost-Margins ; Hedonics ; Hearing Aids|
|Subjects:||H Social Sciences > HB Economic Theory|
|Departments:||Lancaster University Management School > Economics|
|Deposited On:||07 Feb 2012 16:43|
|Last Modified:||07 May 2016 00:00|
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