Makers of price indexes can address the quality bias problem with several steps. The main approach is to use hedonic index methods to capture attributes of products and their implicit prices:National Research Council. 2002. At What Price?: Conceptualizing and Measuring Cost-of-Living and Price Indexes. Washington, DC: The National Academies Press. https://doi.org/10.17226/10131.The Advisory Commission To Study The Consumer Price Index (aka the Boskin Commission). 1996. Toward A More Accurate Measure Of The Cost Of Living (html), also released as Final Report of the Advisory Commission to Study the Consumer Price Index (pdf).
