Structure of a decision support subsystem in real estate management

Renigier-Biłozor Małgorzata ()
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Renigier-Biłozor Małgorzata: University of Warmia and Mazury in Olsztyn, Poland Faculty of Geodesy and Land Management Department of Real Estate Management and Regional Development Prawochenskiego 15 Str., 10-724 Olsztyn, Poland

Folia Oeconomica Stetinensia, 2013, vol. 13, issue 1, 56-75

Abstract: This study proposes a decision support subsystem in real estate management. Owing to the complex and multi-layered character of the discussed problem, only selected aspects of real estate management are discussed in this paper. The described system will play the role of a relatively simple and effective “assistant” which is expected to maximize the effectiveness of a decision and shorten decision-making time. The author has made an attempt to develop a subsystem as an adviser to subjects operating in the real estate management. This system was developed accounting for and combining the classical economic and real estate market theories with the implementation of non-classical methods in the data mining category in an effort to increase its effectiveness. The rough set theory has been proposed as a tool that supports analytical processes. Fuzzy logic best reproduces expert knowledge, and it is one of the most effective tools for solving “vaguely defined” problems. The given work is an attempt to prove the hypothesis that: the reduction of uncertainty in the real estate management decision-making process is possible by the development of the advisory system based on the rough set theory. The main aim of this work is to increase the efficiency and efficacy of entities operating in the real estate management, thus influencing the effectivness of the entity and management.

Keywords: decision support subsystem; real estate management; rough set theory (search for similar items in EconPapers)
Date: 2013
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Persistent link: https://EconPapers.repec.org/RePEc:vrs:foeste:v:13:y:2013:i:1:p:56-75:n:7

DOI: 10.2478/foli-2013-0007

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