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unbiasedness

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See: disinterest, fairness


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Nevertheless, in the absence of a credible natural experiment that would exogenously move the cigarette price, one can never be completely certain of the unbiasedness of the estimated price effect.
However, due to the fact that this method assumes backward unbiasedness in terms of CPI inflation, the quantification procedure imposes a relatively high correlation between its outcomes and CPI figures (Figure lb).
Baddeley and Jensen, 2005, and references therein) where T, called the sampling period, is the distance between consecutive observations along the sampling axis and where, in order to guarantee unbiasedness, U is a uniform random variable in the interval [0,1).
 
 
 
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