Pricing personal services: An empirical study of earnings in the UK prostitution industry

Moffatt, Peter G. and Peters, Simon A. (2004) Pricing personal services: An empirical study of earnings in the UK prostitution industry. Scottish Journal of Political Economy, 51 (5). pp. 675-690. ISSN 1467-9485

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Abstract

The hedonic pricing method is used to investigate the way in which the prices of prostitutes' services are determined. The data used in the analysis are extracted from an internet site, each observation being based on a report submitted by a client. The factors affecting price are identified in a regression framework, and combined with other information to provide estimates of the earnings, both aggregate and individual, for a sub-sector of this underground service industry in the United Kingdom. Comparison of these earnings' estimates with data on earnings from alternative employment then allows us to estimate the compensating wage differential, and also to verify the theoretical prediction that prostitutes' earnings are positively related to earnings from alternative employment.

Item Type:	Article
Faculty \ School:	Faculty of Social Sciences > School of Economics
UEA Research Groups:	Faculty of Social Sciences > Research Groups > Behavioural Economics Faculty of Social Sciences > Research Groups > Applied Econometrics And Finance Faculty of Social Sciences > Research Centres > Centre for Behavioural and Experimental Social Sciences
Depositing User:	Gina Neff
Date Deposited:	13 Jan 2011 11:12
Last Modified:	29 Aug 2023 13:30
URI:	https://ueaeprints.uea.ac.uk/id/eprint/10943
DOI:	10.1111/j.0036-9292.2004.00327.x

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