% ========================================================================== % References -- UQO Working Paper No. 4 (Hedonic Pricing of Short-Term % Rentals in Quebec). All entries verified against Crossref / publisher % records on 2026-10-17 (see docs/CHANGELOG-REVISION.md). % ========================================================================== % ---------------------------- Hedonic theory ------------------------------ @article{Rosen1974, author = {Rosen, Sherwin}, title = {Hedonic Prices and Implicit Markets: Product Differentiation in Pure Competition}, journal = {Journal of Political Economy}, year = {1974}, volume = {82}, number = {1}, pages = {34--55}, doi = {10.1086/260169} } @article{Lancaster1966, author = {Lancaster, Kelvin J.}, title = {A New Approach to Consumer Theory}, journal = {Journal of Political Economy}, year = {1966}, volume = {74}, number = {2}, pages = {132--157}, doi = {10.1086/259131} } @incollection{Malpezzi2003, author = {Malpezzi, Stephen}, title = {Hedonic Pricing Models: A Selective and Applied Review}, booktitle = {Housing Economics and Public Policy}, editor = {O'Sullivan, Tony and Gibb, Kenneth}, publisher = {Blackwell Science}, address = {Oxford}, year = {2003}, pages = {67--89}, doi = {10.1002/9780470690680.ch5} } @article{Sirmans2005, author = {Sirmans, G. Stacy and Macpherson, David A. and Zietz, Emily N.}, title = {The Composition of Hedonic Pricing Models}, journal = {Journal of Real Estate Literature}, year = {2005}, volume = {13}, number = {1}, pages = {1--44}, doi = {10.1080/10835547.2005.12090154} } @article{Kuminoff2010, author = {Kuminoff, Nicolai V. and Parmeter, Christopher F. and Pope, Jaren C.}, title = {Which Hedonic Models Can We Trust to Recover the Marginal Willingness to Pay for Environmental Amenities?}, journal = {Journal of Environmental Economics and Management}, year = {2010}, volume = {60}, number = {3}, pages = {145--160}, doi = {10.1016/j.jeem.2010.06.001} } @article{Bishop2020, author = {Bishop, Kelly C. and Kuminoff, Nicolai V. and Banzhaf, H. Spencer and Boyle, Kevin J. and von Gravenitz, Kathrine and Pope, Jaren C. and Smith, V. Kerry and Timmins, Christopher D.}, title = {Best Practices for Using Hedonic Property Value Models to Measure Willingness to Pay for Environmental Quality}, journal = {Review of Environmental Economics and Policy}, year = {2020}, volume = {14}, number = {2}, pages = {260--281}, doi = {10.1093/reep/reaa001} } % --------------------------- Airbnb pricing ------------------------------- @article{WangNicolau2017, author = {Wang, Dan and Nicolau, Juan L.}, title = {Price Determinants of Sharing Economy Based Accommodation Rental: A Study of Listings from 33 Cities on {Airbnb.com}}, journal = {International Journal of Hospitality Management}, year = {2017}, volume = {62}, pages = {120--131}, doi = {10.1016/j.ijhm.2016.12.007} } @article{Gibbs2018, author = {Gibbs, Chris and Guttentag, Daniel and Gretzel, Ulrike and Morton, Jym and Goodwill, Alasdair}, title = {Pricing in the Sharing Economy: A Hedonic Pricing Model Applied to {Airbnb} Listings}, journal = {Journal of Travel \& Tourism Marketing}, year = {2018}, volume = {35}, number = {1}, pages = {46--56}, doi = {10.1080/10548408.2017.1308292} } @article{Gibbs2018dynamic, author = {Gibbs, Chris and Guttentag, Daniel and Gretzel, Ulrike and Yao, Lan and Morton, Jym}, title = {Use of Dynamic Pricing Strategies by {Airbnb} Hosts}, journal = {International Journal of Contemporary Hospitality Management}, year = {2018}, volume = {30}, number = {1}, pages = {2--20}, doi = {10.1108/IJCHM-09-2016-0540} } @article{ChenXie2017, author = {Chen, Yong and Xie, Karen}, title = {Consumer Valuation of {Airbnb} Listings: A Hedonic Pricing Approach}, journal = {International Journal of Contemporary Hospitality Management}, year = {2017}, volume = {29}, number = {9}, pages = {2405--2424}, doi = {10.1108/IJCHM-10-2016-0606} } @article{Teubner2017, author = {Teubner, Timm and Hawlitschek, Florian and Dann, David}, title = {Price Determinants on {Airbnb}: How Reputation Pays Off in the Sharing Economy}, journal = {Journal of Self-Governance and Management Economics}, year = {2017}, volume = {5}, number = {4}, pages = {53--80}, doi = {10.22381/JSME5420173} } @article{Ert2016, author = {Ert, Eyal and Fleischer, Aliza and Magen, Nathan}, title = {Trust and Reputation in the Sharing Economy: The Role of Personal Photos in {Airbnb}}, journal = {Tourism Management}, year = {2016}, volume = {55}, pages = {62--73}, doi = {10.1016/j.tourman.2016.01.013} } @article{Zervas2017, author = {Zervas, Georgios and Proserpio, Davide and Byers, John W.}, title = {The Rise of the Sharing Economy: Estimating the Impact of {Airbnb} on the Hotel Industry}, journal = {Journal of Marketing Research}, year = {2017}, volume = {54}, number = {5}, pages = {687--705}, doi = {10.1509/jmr.15.0204} } @article{Zervas2021, author = {Zervas, Georgios and Proserpio, Davide and Byers, John W.}, title = {A First Look at Online Reputation on {Airbnb}, Where Every Stay Is Above Average}, journal = {Marketing Letters}, year = {2021}, volume = {32}, number = {1}, pages = {1--16}, doi = {10.1007/s11002-020-09546-4} } @article{PerezSanchez2018, author = {P{\'e}rez-S{\'a}nchez, V. Raul and Serrano-Estrada, Leticia and Marti, Pablo and Mora-Garcia, Raul-Tomas}, title = {The What, Where, and Why of {Airbnb} Price Determinants}, journal = {Sustainability}, year = {2018}, volume = {10}, number = {12}, pages = {4596}, doi = {10.3390/su10124596} } @article{Zhang2017, author = {Zhang, Zhihua and Chen, Rachel J. C. and Han, Lee D. and Yang, Lu}, title = {Key Factors Affecting the Price of {Airbnb} Listings: A Geographically Weighted Approach}, journal = {Sustainability}, year = {2017}, volume = {9}, number = {9}, pages = {1635}, doi = {10.3390/su9091635} } @article{Gyodi2021, author = {Gy{\'o}di, Krist{\'o}f and Nawaro, {\L}ukasz}, title = {Determinants of {Airbnb} Prices in {European} Cities: A Spatial Econometrics Approach}, journal = {Tourism Management}, year = {2021}, volume = {86}, pages = {104319}, doi = {10.1016/j.tourman.2021.104319} } @article{TongGunter2022, author = {Tong, Baldwin and Gunter, Ulrich}, title = {Hedonic Pricing and the Sharing Economy: How Profile Characteristics Affect {Airbnb} Accommodation Prices in {Barcelona}, {Madrid}, and {Seville}}, journal = {Current Issues in Tourism}, year = {2022}, volume = {25}, number = {20}, pages = {3309--3328}, doi = {10.1080/13683500.2020.1718619} } @article{Cai2019, author = {Cai, Yuan and Zhou, Yongbo and Ma, Jianyu and Scott, Noel}, title = {Price Determinants of {Airbnb} Listings: Evidence from {Hong Kong}}, journal = {Tourism Analysis}, year = {2019}, volume = {24}, number = {2}, pages = {227--242}, doi = {10.3727/108354219X15525055915554} } @article{Sainaghi2021, author = {Sainaghi, Ruggero and Abrate, Graziano and Mauri, Aurelio}, title = {Price and {RevPAR} Determinants of {Airbnb} Listings: Convergent and Divergent Evidence}, journal = {International Journal of Hospitality Management}, year = {2021}, volume = {92}, pages = {102709}, doi = {10.1016/j.ijhm.2020.102709} } @article{VoltesDorta2020, author = {Voltes-Dorta, Augusto and S{\'a}nchez-Medina, Agust{\'\i}n}, title = {Drivers of {Airbnb} Prices According to Property/Room Type, Season and Location: A Regression Approach}, journal = {Journal of Hospitality and Tourism Management}, year = {2020}, volume = {45}, pages = {266--275}, doi = {10.1016/j.jhtm.2020.08.015} } @article{Lorde2019, author = {Lorde, Troy and Jacob, Jadon and Weekes, Quinn}, title = {Price-Setting Behavior in a Tourism Sharing Economy Accommodation Market: A Hedonic Price Analysis of {AirBnB} Hosts in the {Caribbean}}, journal = {Tourism Management Perspectives}, year = {2019}, volume = {30}, pages = {251--261}, doi = {10.1016/j.tmp.2019.03.006} } @article{Dudas2017, author = {Dud{\'a}s, G{\'a}bor and Vida, Gy{\"o}rgy and Kovalcsik, Tam{\'a}s and Boros, Lajos}, title = {A Socio-Economic Analysis of {Airbnb} in {New York City}}, journal = {Regional Statistics}, year = {2017}, volume = {7}, number = {1}, pages = {135--151}, doi = {10.15196/RS07108} } @article{BenitezAurioles2018, author = {Ben{\'\i}tez-Aurioles, Beatriz}, title = {Why Are Flexible Booking Policies Priced Negatively?}, journal = {Tourism Management}, year = {2018}, volume = {67}, pages = {312--325}, doi = {10.1016/j.tourman.2018.02.008} } @article{Magno2018, author = {Magno, Francesca and Cassia, Fabio and Ugolini, Marta Maria}, title = {Accommodation Prices on {Airbnb}: Effects of Host Experience and Market Demand}, journal = {The TQM Journal}, year = {2018}, volume = {30}, number = {5}, pages = {608--620}, doi = {10.1108/TQM-12-2017-0164} } @article{GunterOnder2018, author = {Gunter, Ulrich and {\"O}nder, Irem}, title = {Determinants of {Airbnb} Demand in {Vienna} and Their Implications for the Traditional Accommodation Industry}, journal = {Tourism Economics}, year = {2018}, volume = {24}, number = {3}, pages = {270--293}, doi = {10.1177/1354816617731196} } @article{Kakar2018, author = {Kakar, Venoo and Voelz, Julisa and Wu, Julia and Franco, Joel}, title = {The Visible Host: Does Race Guide {Airbnb} Rental Rates in {San Francisco}?}, journal = {Journal of Housing Economics}, year = {2018}, volume = {40}, pages = {25--40}, doi = {10.1016/j.jhe.2017.08.001} } @inproceedings{IkkalaLampinen2015, author = {Ikkala, Tapio and Lampinen, Airi}, title = {Monetizing Network Hospitality: Hospitality and Sociability in the Context of {Airbnb}}, booktitle = {Proceedings of the 18th ACM Conference on Computer Supported Cooperative Work \& Social Computing (CSCW '15)}, year = {2015}, pages = {1033--1044}, doi = {10.1145/2675133.2675274} } @article{Guttentag2015, author = {Guttentag, Daniel}, title = {{Airbnb}: Disruptive Innovation and the Rise of an Informal Tourism Accommodation Sector}, journal = {Current Issues in Tourism}, year = {2015}, volume = {18}, number = {12}, pages = {1192--1217}, doi = {10.1080/13683500.2013.827159} } @article{FarronatoFradkin2022, author = {Farronato, Chiara and Fradkin, Andrey}, title = {The Welfare Effects of Peer Entry: The Case of {Airbnb} and the Accommodation Industry}, journal = {American Economic Review}, year = {2022}, volume = {112}, number = {6}, pages = {1782--1817}, doi = {10.1257/aer.20180260} } % ------------------------ Canadian / Quebec STR evidence -------------------- @article{Deboosere2019, author = {Deboosere, Robbin and Kerrigan, Danielle Jane and Wachsmuth, David and El-Geneidy, Ahmed}, title = {Location, Location and Professionalization: A Multilevel Hedonic Analysis of {Airbnb} Listing Prices and Revenue}, journal = {Regional Studies, Regional Science}, year = {2019}, volume = {6}, number = {1}, pages = {143--156}, doi = {10.1080/21681376.2019.1592699} } @article{Combs2020, author = {Combs, Jennifer and Kerrigan, Danielle and Wachsmuth, David}, title = {Short-Term Rentals in {Canada}: Uneven Growth, Uneven Impacts}, journal = {Canadian Journal of Urban Research}, year = {2020}, volume = {29}, number = {1}, pages = {119--135}, doi = {10.36939/cjur/vol29no1/art274} } @article{WachsmuthWeisler2018, author = {Wachsmuth, David and Weisler, Alexander}, title = {{Airbnb} and the Rent Gap: Gentrification Through the Sharing Economy}, journal = {Environment and Planning A: Economy and Space}, year = {2018}, volume = {50}, number = {6}, pages = {1147--1170}, doi = {10.1177/0308518X18778038} } @article{Barron2021, author = {Barron, Kyle and Kung, Edward and Proserpio, Davide}, title = {The Effect of Home-Sharing on House Prices and Rents: Evidence from {Airbnb}}, journal = {Marketing Science}, year = {2021}, volume = {40}, number = {1}, pages = {23--47}, doi = {10.1287/mksc.2020.1227} } % ------------------------------ Econometrics ------------------------------- @article{HalvorsenPalmquist1980, author = {Halvorsen, Robert and Palmquist, Raymond}, title = {The Interpretation of Dummy Variables in Semilogarithmic Equations}, journal = {American Economic Review}, year = {1980}, volume = {70}, number = {3}, pages = {474--475} } @article{Kennedy1981, author = {Kennedy, Peter E.}, title = {Estimation with Correctly Interpreted Dummy Variables in Semilogarithmic Equations}, journal = {American Economic Review}, year = {1981}, volume = {71}, number = {4}, pages = {801} } @article{MacKinnonWhite1985, author = {MacKinnon, James G. and White, Halbert}, title = {Some Heteroskedasticity-Consistent Covariance Matrix Estimators with Improved Finite Sample Properties}, journal = 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Kelley}, title = {Introduction to Spatial Econometrics}, publisher = {CRC Press}, year = {2009}, address = {Boca Raton, FL} } @book{Anselin1988, author = {Anselin, Luc}, title = {Spatial Econometrics: Methods and Models}, publisher = {Kluwer Academic Publishers}, year = {1988}, address = {Dordrecht} } @article{Elhorst2010, author = {Elhorst, J. Paul}, title = {Applied Spatial Econometrics: Raising the Bar}, journal = {Spatial Economic Analysis}, year = {2010}, volume = {5}, number = {1}, pages = {9--28}, doi = {10.1080/17421770903541772} } % ------------------------- Machine learning ------------------------------- @inproceedings{Lundberg2017, author = {Lundberg, Scott M. and Lee, Su-In}, title = {A Unified Approach to Interpreting Model Predictions}, booktitle = {Advances in Neural Information Processing Systems 30 (NIPS 2017)}, year = {2017}, pages = {4765--4774}, address = {Long Beach, CA} } @article{Lundberg2020, author = {Lundberg, Scott M. and Erion, Gabriel and Chen, Hugh and DeGrave, Alex and Prutkin, Jordan M. and Nair, Bala and Katz, Ronit and Himmelfarb, Jonathan and Bansal, Nisha and Lee, Su-In}, title = {From Local Explanations to Global Understanding with Explainable {AI} for Trees}, journal = {Nature Machine Intelligence}, year = {2020}, volume = {2}, number = {1}, pages = {56--67}, doi = {10.1038/s42256-019-0138-9} } @article{Roberts2017, author = {Roberts, David R. and Bahn, Volker and Ciuti, Simone and Boyce, Mark S. and Elith, Jane and Guillera-Arroita, Gurutzeta and Hauenstein, Severin and Lahoz-Monfort, Jos{\'e} J. and Schr{\"o}der, Boris and Thuiller, Wilfried and Warton, David I. and Wintle, Brendan A. and Hartig, Florian and Dormann, Carsten F.}, title = {Cross-Validation Strategies for Data with Temporal, Spatial, Hierarchical, or Phylogenetic Structure}, journal = {Ecography}, year = {2017}, volume = {40}, number = {8}, pages = {913--929}, doi = {10.1111/ecog.02881} } @article{Breiman2001, author = {Breiman, Leo}, title = {Random Forests}, journal = {Machine Learning}, year = {2001}, volume = {45}, number = {1}, pages = {5--32}, doi = {10.1023/A:1010933404324} } @article{Friedman2001, author = {Friedman, Jerome H.}, title = {Greedy Function Approximation: A Gradient Boosting Machine}, journal = {Annals of Statistics}, year = {2001}, volume = {29}, number = {5}, pages = {1189--1232}, doi = {10.1214/aos/1013203451} } @inproceedings{ChenGuestrin2016, author = {Chen, Tianqi and Guestrin, Carlos}, title = {{XGBoost}: A Scalable Tree Boosting System}, booktitle = {Proceedings of the 22nd ACM SIGKDD International Conference on Knowledge Discovery and Data Mining}, year = {2016}, pages = {785--794}, doi = {10.1145/2939672.2939785} } @article{ZouHastie2005, author = {Zou, Hui and Hastie, Trevor}, title = {Regularization and Variable Selection via the Elastic Net}, journal = {Journal of the Royal Statistical Society: Series B}, year = {2005}, volume = {67}, number = {2}, pages = {301--320}, doi = {10.1111/j.1467-9868.2005.00503.x} }