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Within Real Estate Portfolio. Diversification through Rough Set Theory

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  • Maurizio d'Amato

Abstract

The work explore the opportunity to define a real property asset through rough set analysis proposed by Pawlak (Pawlak,1982). The methodology has been applied to property appraisal (díAmato,2000) obtaining interesting results , especially in mass appraisal. The procedure seems to be interesting in those markets where information is not easy to find because of ìallows the data to speak for themselvesî. The work is organized as follow, after a brief introduction, the first paragraph will offer a literature review concerning ìwithin real estateî diversification technique. In the second paragraph there will be a brief introduction to rough set analysis and an application. Final remarks will conclude the work.

Suggested Citation

  • Maurizio d'Amato, 2001. "Within Real Estate Portfolio. Diversification through Rough Set Theory," ERES eres2001_141, European Real Estate Society (ERES).
    • Handle: RePEc:arz:wpaper:eres2001_141
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    References listed on IDEAS

    as
    1. David Hartzell & John Hekman & Mike Miles, 1986. "Diversification Categories in Investment Real Estate," Real Estate Economics, American Real Estate and Urban Economics Association, vol. 14(2), pages 230-254, June.
    2. Mike Miles & Tom McCue, 1984. "Commercial Real Estate Returns," Real Estate Economics, American Real Estate and Urban Economics Association, vol. 12(3), pages 355-377, September.
    3. David J. Hartzell & David G. Shulma & Vice President, 1987. "Refining the Analysis of Regional Diversification for Income-Producing Real Estate," Journal of Real Estate Research, American Real Estate Society, vol. 2(2), pages 85-95.
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    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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