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Hedonic index
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<p>A hedonic index is any <a href="/facts/Price_index/0okIszGK">price index</a> which uses information from <a href="/facts/Hedonic_regression/v7vWppLl">hedonic regression</a>, which describes how product price could be explained by the product's characteristics. Hedonic price indexes have proved to be very useful when applied to calculate price indices for information and communication products (e.g. personal computers) and housing, because they can successfully mitigate problems such as those that arise from there being new goods to consider and from rapid changes of quality. </p>