<abstract xmlns="http://www.w3.org/1999/xhtml"><p>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.</p></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.

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

Faculty of Geodesy, Geospatial and Civil Engineering, University of Warmia and Mazury in Olsztyn

Real Estate Management and Valuation

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.

Preliminary data analyses in decision-making systems and procedures are very important for numerous reasons, in particular because the accumulation and...

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

Published Online: Oct 08, 2016

Page range: 40 - 51

DOI: https://doi.org/10.1515/remav-2016-0020

Keywords
decision-making systems, highest integral information capacity, real estate market rating

© 2016 Małgorzata Renigier-Biłozor et al., published by De Gruyter Open

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.

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

Published Online: Oct 08, 2016

Page range: 40 - 51

DOI: https://doi.org/10.1515/remav-2016-0020

Keywordsdecision-making systems, highest integral information capacity, real estate market rating

© 2016 Małgorzata Renigier-Biłozor et al., published by De Gruyter Open

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.

Keywords
decision-making systems, highest integral information capacity, real estate market rating