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He notes that the equation does not work in the suburbs, where there is usually a diminishing return on price per square foot as spaces become larger.
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"That was not a gift; they get a return on that, they get a return on pricing," Mr. Cole said.
This paper presents a heavy-tailed mixture model for describing time-varying conditional distributions in time series of returns on prices.
He added that in general, if the outdoor space is larger than half the size of the apartment, "there's a diminishing return on the price per square foot.
So far he has only used it to automatically send requests for proposals to vendors and rank the returns based on price and other metrics.
He has filled in the blanks with some eye-catching policies; and from the freeze on energy bills (a return to price controls) to the promise on house-building (salted with hints of compulsory purchase) they are undeniably interventionist, as anathema to New Labour as to the Tories or the Liberal Democrats.
Ruiz-Benitez and Muriel (2014) assess the impact of returns on wholesale price, order quantity, and the coordination of a decentralized supply chain with a single manufacturer and a single retailer.
The outputs from the simulation were linked to an economic analysis spreadsheet to estimate the return on investment (ROI), price value (PV), payback period (PB) and to do further sensitivity analysis at the different prices of feedstock.
A capitalization rate is an investor's expected return on the purchase price in the first year after a sale.
While in the second half of 2012 a new investor expected to make a 5.6% return on the purchase price of the property, that fell slightly to 5.5% in 2013.
But on conventional measures Novelis looks likely to make an 8% return on its $6.2 billion price in the year to March 2012, probably a bit below its cost of capital and five years after the deal was launched.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com