An application of the TODIM method to the multicriteria rental evaluation of residential properties

Luiz Flávio Autran Monteiro Gomes and LuI´s Alberto Duncan Rangel

European Journal of Operational Research, 2009, vol. 193, issue 1, 204-211

Abstract: This article presents an evaluation study of residential properties carried out together with real estate agents in the city of Volta Redonda, Brazil. The study aimed to define a reference value for the rents of these properties using the TODIM method of Multicriteria Decision Aiding. By applying this method to the ordering of properties with different characteristics, a ranking of all the properties was obtained and, as a result of this, diverse ranges of rental values for the properties under analysis. The study was complemented by an analysis of the sensitivity of the numerical results obtained.

Keywords: Multiple; criteria; analysis; Real; estate; market; Prospect; theory (search for similar items in EconPapers)
Date: 2009
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Citations: View citations in EconPapers (25)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:ejores:v:193:y:2009:i:1:p:204-211

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