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The Measurement of Quality-Adjusted Price Changes

2003· book-chapter· en· W1554794896 on OpenAlexaff
Mick Silver, Saeed Heravi

Bibliographic record

Venuenot available
Typebook-chapter
Languageen
FieldEconomics, Econometrics and Finance
TopicHousing Market and Economics
Canadian institutionsUniversity of British Columbia
FundersCardiff University
KeywordsSuperlativeProxy (statistics)EconometricsHedonic indexPrice indexQuality (philosophy)Matching (statistics)Variable (mathematics)StatisticsScannerComputer scienceIndex (typography)MathematicsArtificial intelligence

Abstract

fetched live from OpenAlex

This chapter explores the alternative approaches to using scanner data for adjusting prices for quality change. It also compares the results of the three methods of measuring quality-adjusted price changes using scanner data: time dummy variable approach, exact (and superlative) hedonic indexes, and matching procedure. The superlative matched index effectively adjusts for changes in the quality mix of purchases being based on computational matching as opposed to statistical models. The use of hedonic adjustment methods offers an explicit basis for the quality adjustments. Different hedonic adjustment techniques present similar results, although the old and new predicted to actual appear to work best as a geometric mean. Scanner data provide a proxy variable on the extent to which each variety is sold in different outlets, and use of this is being considered to develop the experiment.

Fetched live from OpenAlex and de-inverted. Abstracts are not stored in this database: the inverted indexes are 8.6 GB of the frame’s 9.3 GB of text, and the host has 13 GB free.

How this classification was reachedexpand

Full frame machine prediction

Teacher imitation

Not calibrated prevalence, not ground truth. Human validation pending. The Gemma side is a direct model label for every work in the frame, read from the title-only record. The Codex side is a classifier learned from the 10,348 direct Codex labels and calibrated to design-weighted sample rates; fields without enough sample support carry no Codex call. Candidate is the union of the two sides; consensus is their intersection. These outputs are machine_predicted_unvalidated and are not human labels.

metaresearch head score (Codex)0.004
metaresearch head score (Gemma)0.027
Version: metacan-v3-hybrid-931329e0061cValidation status: machine_predicted_unvalidated
Candidate categoriesnone
Consensus categoriesnone
DomainCandidate signal: none · Consensus signal: none
Study designCandidate signal: Theoretical or conceptual · Consensus signal: none
GenreCandidate signal: Methods · Consensus signal: none
Teacher disagreement score0.006
Threshold uncertainty score0.022

Distilled classifier scores by category (both heads)

CategoryCodexGemma
Metaresearch0.0040.027
Meta-epidemiology (narrow)0.0000.000
Meta-epidemiology (broad)0.0000.000
Bibliometrics0.0020.004
Science and technology studies0.0000.001
Scholarly communication0.0010.002
Open science0.0010.001
Research integrity0.0000.001
Insufficient payload (model declined to judge)0.0060.001

Machine scores (provisional)

The two teacher heads of the student model, read on this work. A score orders the frame for review; it never asserts a category, and the validation status ships verbatim with every row.

Baseline scores from an immature model (maturity gate not passed, 7 training rounds). Scores rank; they never assert a category.

Opus teacher head0.124
GPT teacher head0.232
Teacher spread0.107 · how far apart the two teachers sit on this one work
Validation statusscore_only:v0-immature-baseline · verbatim from the scoring run: score_only means the number may rank works, and no category label ships from it

Classification

machine, unvalidated

Machine predicted; a candidate call from one source (direct Gemma or distilled Codex), not a consensus.

The models applied no category: nothing in the taxonomy fit this work.
Study designTheoretical or conceptual
Domainnot available
GenreMethods

How this classification was reached, model by model and score by score, is at the end of the page under "How this classification was reached".

Quick stats

Citations57
Published2003
Admission routes1
Has abstractyes

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