Analysis and parameter resolution in highly cooperative systems

We have examined common methods of analysis of highly cooperative systems such as oxygen binding by hemoglobin and thermal denaturation. Through extensive simulation of ligand-binding data for a tetrameric macromolecule we show that careful attention must be paid to the formulation of the fitting function and to proper assessment of the number of parameters involved. We conclude that the partition function should be formulated in terms of overall reaction parameters as opposed to stepwise reaction parameters and that bias is introduced by fixing physical parameters such as extrapolated end points.