An application of the TODIM method to the multicriteria rental evaluation of residential properties
AbstractThis 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.
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Bibliographic InfoArticle provided by Elsevier in its journal European Journal of Operational Research.
Volume (Year): 193 (2009)
Issue (Month): 1 (February)
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Web page: http://www.elsevier.com/locate/eor
Multiple criteria analysis Real estate market Prospect theory;
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"Prospect Theory: An Analysis of Decision under Risk,"
Levine's Working Paper Archive
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