Information Capacity Database in the Rating Model on the Basis of Polish and Italian Real Estate Markets

Renigier-Biłozor Małgorzata () and Biłozor Andrzej ()
Additional contact information
Renigier-Biłozor Małgorzata: Faculty of Geodesy, Geospatial and Civil Engineering, University of Warmia and Mazury in Olsztyn
Biłozor Andrzej: Faculty of Geodesy, Geospatial and Civil Engineering, University of Warmia and Mazury in Olsztyn

Real Estate Management and Valuation, 2016, vol. 24, issue 3, 40-51

Abstract: Preliminary data analyses in decision-making systems and procedures are very important for numerous reasons, in particular because the accumulation and analysis of large data sets is costly and time-consuming. The effective use of decision support systems, including on the real estate market, requires the elimination of noise. The authors have proposed to eliminate redundant data with the use of the modified method for evaluating the capacity of the data set, which is applied in the process of classifying the condition of real estate markets. The proposed procedure (subsystem) is an attempt to improve the effectiveness of analyses relating to the development of methods for rating real estate markets. The proposed solutions will be simulated on the example of leading real estate markets in Poland and Italy.

Keywords: decision-making systems; highest integral information capacity; real estate market rating (search for similar items in EconPapers)
JEL-codes: B41 C10 D80 R31 (search for similar items in EconPapers)
Date: 2016
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://doi.org/10.1515/remav-2016-0020 (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:vrs:remava:v:24:y:2016:i:3:p:40-51:n:4

DOI: 10.1515/remav-2016-0020

Access Statistics for this article

Real Estate Management and Valuation is currently edited by Sabina Zrobek

More articles in Real Estate Management and Valuation from Sciendo
Bibliographic data for series maintained by Peter Golla ().