instance method build_observer

# File actionpack/lib/action_view/helpers/prototype_helper.rb, line 1075
      def build_observer(klass, name, options = {})
        if options[:with] && (options[:with] !~ /[\{=(.]/)
          options[:with] = "'#{options[:with]}=' + encodeURIComponent(value)"
        else
          options[:with] ||= 'value' unless options[:function]
        end

        callback = options[:function] || remote_function(options)
        javascript  = "new #{klass}('#{name}', "
        javascript << "#{options[:frequency]}, " if options[:frequency]
        javascript << "function(element, value) {"
        javascript << "#{callback}}"
        javascript << ")"
        javascript_tag(javascript)
      end