A Hedonic Study of Prepackaged Software
Robert John McCahill · VTechWorks (Virginia Tech) · 1997
This study verifies previous econometric research which found that spreadsheet prices, when adjusted for quality improvement, decline over the period 1986-1993. New econometric work is presented for prepackaged word processing software. Using objective criteria for variable selection, the model yields declining quality-adjusted prices for word processing software over the period 1985-1994.