Hedonic Price Indices for Ground Vehicles

May, 2015
IDA document: D-5467
FFRDC: Systems and Analyses Center
Division: Cost Analysis and Research Division
David M. Tate See more authors
As part of ongoing support to OSD(CAPE), IDA has been developing hedonic price indices for various types of military system. This paper reports preliminary results of investigations into hedonic indices for military ground vehicles, including both tactical and combat vehicles. We discuss issues associated with traditional hedonic methods, and propose a novel method designed to account for unobservable quality growth in military systems.