Land Economic Analysis
Budget: $240 – $2,000 HKD
explain a pattern on land or property in the real world
1. Identify a regular PATTERN (not ad hoc incidences)
you observe in reality on land and property;
2. Find a CONTROL: a most similar business which
shows a distinctively different pattern;
3. SCREEN each of your explanations using your pair of
controls. Reject theories which are found not consistent
with evidences collected in your controls; and
4. GENERALISE your conclusion to explain other
patterns and/or examples, whether or not in land and
property.
1. Identify a regular PATTERN (not ad hoc incidences)
you observe in reality on land and property;
2. Find a CONTROL: a most similar business which
shows a distinctively different pattern;
3. SCREEN each of your explanations using your pair of
controls. Reject theories which are found not consistent
with evidences collected in your controls; and
4. GENERALISE your conclusion to explain other
patterns and/or examples, whether or not in land and
property.