@article{afa48240604b44d89cced3d15ed9ea1d,
title = "Generalizing the OLS and grid estimators",
author = "Pace, \{R. Kelley\} and Gilley, \{Otis W.\}",
note = "The vast majority of real estate valuations employ either the grid estimator or some parametric estimator such as ordinary least squares (OLS). Virtually every appraisal uses the grid estimator while virtually every hedonic pricing study or mass appraisal application uses OLS or some variant.(1) Appraisers steadfastly hold to the grid estimator despite the formidable technical properties of well-known estimators such as OLS.",
year = "1998",
doi = "10.1111/1540-6229.00748",
language = "English",
volume = "26",
pages = "331--347",
journal = "Real Estate Economics",
issn = "1080-8620",
number = "2",
}