000 01072cab a2200205 4500
001 ABS47345
008 090401t1992 xxu||||| |||| 00| 0 eng d
035 _a(Sirsi) u61687
041 _aeng
100 _aMatysiak, G.A.
245 _aEconometrics, linear programming and valuation : reply
260 _c1992
350 _a0
490 _aJournal of Property Research
_v9(2) Summer 1992, 114-121(4)
520 _aThe use of linear programming valuation implies an underlying acceptance of efficient market pricing. Comparables are sample evidence and, therefore, a valid methodology requires an inferential basis. Small sample sizes and multicollinearity are not determining issues in preventing the use of a statistical methodology. Given the reality of learning by experience, an appropriate methodology should formally, and explicitly, modify subjective views with new observed information. Response to an earlier article (Abs45359). (Journal abstract)
650 _aLINEAR PROGRAMMING
690 _aRATING AND VALUATION
942 _n0
948 _c04/03/1997
999 _c38260
_d38260