Regression analysis is the one used to determine the factors that affect the product or real estate price. Hedonic regression refers to a revealed preference approach applied in consumer science and economics to determine the variables relative importance that affects the price of service or good. Update Table of Contents What is a Hedonic Regression? How does a Hedonic Regression Work? Hedonic Regression Basics Example Academic Research on Hedonic Regressions What is a Hedonic Regression?