This paper uses statistical regression techniques to develop a model to explain both warehouse asking prices and warehouse quoted lease rates. In developing the statistical models, the paper provides a useful comparison between ordinary least squares (OLS), and weighted least squares (WLS)...

This study explores the location preferences for firms of different sizes, using a varying coefficient model to study the relationships underlying industrial location and economic development in the rural Southeast. The model distinguishes between the ability of a county to attract industry both...

We try to estimate default and deference probabilities of commercial mortgages via an American option pricing framework. In this framework, the borrower is assumed to default either if the price of the real estate drops below the level of the outstanding loan balance or the net operating income...