The story and the model done: An evaluation of mathematical models of rent control
2007 (English)In: Regional Science and Urban Economics, ISSN 0166-0462, Vol. 37, no 2, 183-198 p.Article in journal (Refereed) Published
Eight studies of rent control, where the central part of the study comprises proofs of certain relations in a mathematical model, are evaluated using a Bayesian approach. The articles consist of two parts: a story that points out some aspect that has been neglected in earlier literature, and a proof that this story holds in the model. The proven propositions are in this article seen as new information and their evidential value is evaluated by how this information changes the relative probability of a number of hypotheses. The conclusion is that this new information only changes the probability of very simple and rather uninteresting hypotheses.
Place, publisher, year, edition, pages
2007. Vol. 37, no 2, 183-198 p.
rent control, mathematical models, Bayesian approach
IdentifiersURN: urn:nbn:se:kth:diva-16426DOI: 10.1016/j.regsciurbeco.2006.08.005ISI: 000244625900003ScopusID: 2-s2.0-33846618359OAI: oai:DiVA.org:kth-16426DiVA: diva2:334468
QC 201005252010-08-052010-08-05Bibliographically approved