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Artificial intelligence and the mass appraisal of residential apartments

By: Contributor(s): Language: English Series: Journal of Property Valuation and Investment ; 10(2) Winter 1991/92, 525-540(9)Publication details: 10(2) Winter 1991/92, 525-540(9)Subject(s): Summary: This paper introduces the theory of artificial neural networks (ANN) and discusses its application to the valuation of residential apartments. It compares the performance of the back propagation neural network (BP) model in estimating sale prices of apartments against the traditional multiple regression analysis (MRA) model. (Journal abstract)

This paper introduces the theory of artificial neural networks (ANN) and discusses its application to the valuation of residential apartments. It compares the performance of the back propagation neural network (BP) model in estimating sale prices of apartments against the traditional multiple regression analysis (MRA) model. (Journal abstract)