In econometrics, a hedonic index is any price index which uses information from hedonic regression. Hedonic regression describes how product price could be explained by the product's characteristics. Hedonic price indexes have proved to be very useful when applied to calculate price indices for information and communication products (e.g. personal computers), because they can successfully mitigate problems such as those that arise from there being new goods to consider and from rapid changes of quality.
Read more about Hedonic Index: Motivation, Hedonic Regression, Hedonic Price Index, Hedonic Quality Indexes
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“Exile as a mode of genius no longer exists; in place of Joyce we have the fragments of work appearing in Index on Censorship.”
—Nadine Gordimer (b. 1923)