Two-Stage Hedonic Regression
nountwo-stage he·don·ic re·gres·sionpronounced too-STAYJ hee-DON-ik rə-GRESH-ən
Last reviewed 16 April 2026
What does the noun Two-Stage Hedonic Regression mean?
A statistical technique that corrects for selection bias in property price comparisons. In the first stage, the probability of a property going to auction is estimated from its characteristics. In the second stage, this correction is applied to the price comparison, to isolate the effect of sale method from the effect of property quality.
How the noun Two-Stage Hedonic Regression is used
Researchers used two-stage hedonic regression to show that the auction premium shrinks once you account for the fact that better properties tend to go to auction.
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Cite this entry
MLA citation: "Two-Stage Hedonic Regression." How to Property, 16 Apr. 2026, https://howtoproperty.com.au/definitions/two-stage-hedonic-regression. Accessed 30 May 2026.
Chicago citation: How to Property. "Two-Stage Hedonic Regression." Last modified April 16, 2026. https://howtoproperty.com.au/definitions/two-stage-hedonic-regression.
APA citation: How to Property. (2026, April 16). Two-Stage Hedonic Regression. https://howtoproperty.com.au/definitions/two-stage-hedonic-regression