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Observing the unobservable

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  • Glenn Boyle

Abstract

A common problem in finance and economics is that many models developed for practical purposes depend on parameters that are unobservable, thus severely limiting their usefulness in the very situations for which they were ostensibly designed. Glenn Boyle discusses how, in some situations, this problem can be overcome - and provides an illustration from commercial real estate.

Suggested Citation

  • Glenn Boyle, 2008. "Observing the unobservable," Competition & Regulation Times 372406, New Zealand Institute for the Study of Competition and Regulation.
    • Handle: RePEc:vuw:vuwcrt:372406
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    File URL: https://ojs.victoria.ac.nz/crt/article/view/3724
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