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Multi-criteria analysis of ranking preferences on residential traits

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  • Dominique Fischer

Abstract

Pair-wise comparisons assume additivity, transitivity and equal weighting of propertiesÌ traits. This paper explores multi-criteria treatments of pair wise comparisons in order to reveal the implicit hierarchical decision making process used by analysts who perform residential valuations. This treatment is presented as an extension of traditional grid treatments used extensively by professsional valuers.

Suggested Citation

  • Dominique Fischer, 2003. "Multi-criteria analysis of ranking preferences on residential traits," ERES eres2003_154, European Real Estate Society (ERES).
    • Handle: RePEc:arz:wpaper:eres2003_154
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    File URL: https://eres.architexturez.net/doc/oai-eres-id-eres2003-154
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    Cited by:

    1. Maurizio d’Amato, 2007. "Comparing Rough Set Theory with Multiple Regression Analysis as Automated Valuation Methodologies," International Real Estate Review, Global Social Science Institute, vol. 10(2), pages 42-65.
    2. Renigier-Biłozor, Malgorzata & Janowski, Artur & d’Amato, Maurizio, 2019. "Automated Valuation Model based on fuzzy and rough set theory for real estate market with insufficient source data," Land Use Policy, Elsevier, vol. 87(C).
    3. Renigier-Biłozor, Małgorzata & Źróbek, Sabina & Walacik, Marek & Borst, Richard & Grover, Richard & d’Amato, Maurizio, 2022. "International acceptance of automated modern tools use must-have for sustainable real estate market development," Land Use Policy, Elsevier, vol. 113(C).

    More about this item

    JEL classification:

    • R3 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Real Estate Markets, Spatial Production Analysis, and Firm Location

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