Table 7 Panel estimates for the probabilities to renew for 25 cases
From: Valuing options to renew at future market value: the case of commercial property leases
Cases | Range | Median | Cases | Range | Median |
|---|---|---|---|---|---|
Case 1 | 0.3–0.8 | 0.7 | Case 14 | 0.5–0.8 | 0.6 |
Case 2 | 0.3–0.8 | 0.7 | Case 15 | 0.3–0.75 | 0.7 |
Case 3 | 0.3–0.8 | 0.5 | Case 16 | 0.3–1 | 0.7 |
Case 4 | 0.4–0.8 | 0.65 | Case 17 | 0.4–0.8 | 0.8 |
Case 5 | 0.4–0.8 | 0.75 | Case 18 | 0.4–0.8 | 0.8 |
Case 6 | 0.3–0.8 | 0.4 | Case 19 | 0.3–0.8 | 0.5 |
Case 7 | 0.2–0.75 | 0.6 | Case 20 | 0.4–0.75 | 0.7 |
Case 8 | 0.4–0.8 | 0.65 | Case 21 | 0.2–0.8 | 0.6 |
Case 9 | 0.4–0.8 | 0.6 | Case 22 | 0.3–1 | 0.7 |
Case 10 | 0.4–0.8 | 0.7 | Case 23 | 0.4–0.5 | 0.4 |
Case 11 | 0.6–0.8 | 0.7 | Case 24 | 0.3–0.8 | 0.6 |
Case 12 | 0.4–0.8 | 0.5 | Case 25 | 0.3–0.8 | 0.75 |
Case 13 | 0.3–0.6 | 0.4 |