Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
983603 | Regional Science and Urban Economics | 2007 | 16 Pages |
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
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Economics, Econometrics and Finance
Economics and Econometrics
Authors
Hans Lind,