IDEAS home Printed from https://ideas.repec.org/a/eme/jpifpp/jpif-10-2016-0078.html
   My bibliography  Save this article

Entropy – what kind of bet is real estate – really?

Author

Listed:
  • Roger J. Brown

Abstract

Purpose - The purpose of this paper is to describe the way real estate data collection and dissemination can be improved. Design/methodology/approach - The paper investigates that how information entropy fits into real estate research and data using Kelly betting as a framework. Findings - Availability of real estate data is constrained by a host of impediments, paywalls and other archaic practices that limit the way it can be used to make worthwhile progress in the field. Practical implications - Real-estate data will become available. Those who try to keep data close and restrict their common use will become irrelevant. Originality/value - Entropy indicates uncertainty and chaos. Using this highly developed and respected area of science as context one can see how real estate research suffers from its present mindset.

Suggested Citation

  • Roger J. Brown, 2017. "Entropy – what kind of bet is real estate – really?," Journal of Property Investment & Finance, Emerald Group Publishing Limited, vol. 35(3), pages 341-351, April.
    • Handle: RePEc:eme:jpifpp:jpif-10-2016-0078
    DOI: 10.1108/JPIF-10-2016-0078
    as

    Download full text from publisher

    File URL: https://www.emerald.com/insight/content/doi/10.1108/JPIF-10-2016-0078/full/html?utm_source=repec&utm_medium=feed&utm_campaign=repec
    Download Restriction: Access to full text is restricted to subscribers
    File URL: https://www.emerald.com/insight/content/doi/10.1108/JPIF-10-2016-0078/full/pdf?utm_source=repec&utm_medium=feed&utm_campaign=repec
    Download Restriction: Access to full text is restricted to subscribers
    File URL: https://libkey.io/10.1108/JPIF-10-2016-0078?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eme:jpifpp:jpif-10-2016-0078. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Emerald Support (email available below). General contact details of provider: .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.