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The story and the model done: An evaluation of mathematical models of rent control
KTH, School of Architecture and the Built Environment (ABE), Real Estate and Construction Management, Building and Real Estate Economics.ORCID iD: 0000-0003-4841-5056
2007 (English)In: Regional Science and Urban Economics, ISSN 0166-0462, Vol. 37, no 2, 183-198 p.Article in journal (Refereed) Published
Abstract [en]

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.
Keyword [en]
rent control, mathematical models, Bayesian approach
URN: urn:nbn:se:kth:diva-16426DOI: 10.1016/j.regsciurbeco.2006.08.005ISI: 000244625900003ScopusID: 2-s2.0-33846618359OAI: diva2:334468
QC 20100525Available from: 2010-08-05 Created: 2010-08-05Bibliographically approved

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