New study reveals how computer prices are truly calculated, impacting consumer wallets.
The article discusses how prices of products can be broken down into different factors that affect their value. By using a method called hedonic pricing, researchers can better understand how these factors influence prices. The study shows that by accurately estimating these factors, we can calculate true price indices for products. The findings suggest that current methods for estimating these indices are just the beginning, and there is more to learn about how prices are determined.