Article ID Journal Published Year Pages File Type
983603 Regional Science and Urban Economics 2007 16 Pages PDF
Abstract

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.

Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
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