Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
How do they determine the "actual" value?

If I recall correctly, they don't try. They do note the various factors that can affect that value, not least the political, economic and social power to favorably manipulate popular perception.

"It is not necessary to have hope in order to persevere."
by ARGeezer (ARGeezer a in a circle eurotrib daught com) on Sun Jul 18th, 2010 at 04:31:39 PM EST
[ Parent ]
"unobserved inputs"
(intangible objects)

Diversity is the key to economic and political evolution.
by Cat on Sun Jul 18th, 2010 at 07:52:10 PM EST
[ Parent ]


Occasional Series