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The measurement of housing preferences in the Analytic Hierarchy Process

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  • Gawlik, Remigiusz

Abstract

The paper focuses on adaptation of the AHP method to elicit housing preferences on the rental market. To assess the applicability of AHP method for residential market analyses, a survey was conducted on a group of students from Cracow University of Economics, Poland. The students were asked to evaluate the importance of particular criteria when selecting an apartment. We identified the major methodological difficulties of utilization of AHP method in applied research on preferences and decision-making on the housing market. Potential solutions to mentioned limitations were also presented.

Suggested Citation

  • Gawlik, Remigiusz, 2016. "The measurement of housing preferences in the Analytic Hierarchy Process," MPRA Paper 79944, University Library of Munich, Germany, revised Sep 2016.
    • Handle: RePEc:pra:mprapa:79944
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    File URL: https://mpra.ub.uni-muenchen.de/79944/1/MPRA_paper_79944.pdf
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    References listed on IDEAS

    as
    1. Mulliner, Emma & Smallbone, Kieran & Maliene, Vida, 2013. "An assessment of sustainable housing affordability using a multiple criteria decision making method," Omega, Elsevier, vol. 41(2), pages 270-279.
    2. Zopounidis, C., 1999. "Multicriteria decision aid in financial management," European Journal of Operational Research, Elsevier, vol. 119(2), pages 404-415, December.
    3. Umberto Di Matteo & Priscilla Maria Pezzimenti & Davide Astiaso Garcia, 2016. "Methodological Proposal for Optimal Location of Emergency Operation Centers through Multi-Criteria Approach," Sustainability, MDPI, vol. 8(1), pages 1-12, January.
    4. Mulliner, Emma & Malys, Naglis & Maliene, Vida, 2016. "Comparative analysis of MCDM methods for the assessment of sustainable housing affordability," Omega, Elsevier, vol. 59(PB), pages 146-156.
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    Cited by:

    1. Mateusz Tomal, 2022. "Testing for overall and cluster convergence of housing rents using robust methodology: evidence from Polish provincial capitals," Empirical Economics, Springer, vol. 62(4), pages 2023-2055, April.

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    More about this item

    Keywords

    housing preferences; rental market; Analytic Hierarchy Process; decision-making; student rentals;
    All these keywords.

    JEL classification:

    • D81 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Criteria for Decision-Making under Risk and Uncertainty
    • R21 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Household Analysis - - - Housing Demand

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