Research Staff

Lars Nesheim

cemmap and UCL

Lars Nesheim is a Professor of Economics at UCL and Co-Director of the Centre for Microdata Methods and Practice (cemmap). He teaches industrial organization, econometrics and urban economics. His research interests focus on structural econometrics, computational economics, industrial organization, urban economics, economic dynamics and hedonic models. He is an academic advisor to the Competition Commission, to OFCOM, and to KPMG.

Selected Publications

Estimating households’ willingness to pay

The recent literature has brought together the characteristics model of utility and classic revealed preference arguments […]

Rachel Griffith, Lars Nesheim
18 August 2010 | CWP24/10
Dynamic housing expenditures and household welfare

In this paper we develop a measure of current “expenditures” on housing services for owner-occupiers. Having […]

Laura Blow, Lars Nesheim
25 January 2009 | CWP04/09
A retail price index including the shadow price of owner occupied housing

How do house price changes affect the cost of living? The retail price index in the […]

Laura Blow, Lars Nesheim
24 January 2009 | CWP03/09
Household willingness to pay for organic products

We use hedonic prices and purchase quantities to consider what can be learned about household willingness […]

Rachel Griffith, Lars Nesheim
7 July 2008 | CWP18/08
Hedonic price equilibria, stable matching, and optimal transport: equivalence, topology, and uniqueness

Hedonic pricing with quasilinear preferences is shown to be equivalent to stable matching with transferable utilities […]

Pierre-André Chiappori, Robert McCann, Lars Nesheim
28 September 2007 | CWP23/07

Latest version

Hedonic price equilibria, stable matching, and optimal transport: equivalence, topology, and uniqueness
Pierre-André Chiappori, Robert McCann, Lars Nesheim
1 February 2010 | Journal Article
Hedonic price functions

A hedonic price function describes the equilibrium relationship between characteristics of a product and its price. […]

Lars Nesheim
25 September 2006 | CWP18/06
Nonparametric estimation of nonadditive hedonic models

We analyze equilibria in hedonic economies and study conditions that lead to identification of structural preference […]

James Heckman, Rosa Matzkin, Lars Nesheim
1 March 2005 | CWP03/05

Latest version

Nonparametric estimation of nonadditive hedonic models
James Heckman, Rosa Matzkin, Lars Nesheim
30 September 2010 | Journal Article
Equilibrium sorting of heterogeneous consumers across locations: theory and empirical implications

This paper develops a model in which a continuum of consumers choose froma continuum of locations […]

Lars Nesheim
1 March 2002 | CWP08/02
Identifying hedonic models

Economic models for hedonic markets characterize the pricing of bundles of attributes and the demand and […]

Ivar Ekeland, James Heckman, Lars Nesheim
1 January 2002 | CWP06/02

Latest version

Identifying hedonic models
Ivar Ekeland, James Heckman, Lars Nesheim
1 May 2002 | Journal Article
Identification and estimation of hedonic models

This paper considers the identification and estimation of hedonic models. We establish that technology and preferences […]

Ivar Ekeland, James Heckman, Lars Nesheim
1 January 2002 | CWP07/02

Latest version

Identification and estimation of hedonic models
Ivar Ekeland, James Heckman, Lars Nesheim
1 January 2004 | Journal Article