000 01580cad a2200289 4500
001 L158965
008 100215n2013 000 0 eng u
020 _a9781783210305
035 _a(Sirsi) u158965
041 _aeng
100 1 _aZaddach, Sebastian
111 2 _aConstruction and Building Research Conference
_cIIT Delhi, New Delhi
_d10-12 September 2013
245 0 0 _aQuantifying the impact of uncertainty to the market value by introducing a Bayesian sales comparison approach
_h[electronic resource]
260 _aLondon
_bRICS
_c2013
490 0 _aCOBRA
_v2013
520 _aA paper presented at the COBRA Conference in New Delhi on 10-12 September 2013. The sales comparison approach is used for analysing the real estate market and to determine the current market value. This paper introduces the Bayesian approach as an innovative method which is able to consider the uncertainty of the value affecting characteristics as a prior information and thus to quantify its impact to the market value.
650 2 4 _aCONSTRUCTION AND BUILDING RESEARCH CONFERENCE (COBRA)
650 2 4 _aSALES COMPARISON APPROACH
650 2 4 _aUNCERTAINTY QUANTIFICATION
650 2 4 _aMARKET VALUE
650 2 4 _aREAL ESTATE VALUATION
651 4 _aGermany
690 _aValuation
_96273
700 1 _aAlkhatib, Hamza
856 4 0 _uhttps://www.rics.org/Global/Paper%2061%20QUANTIFYING%20THE%20IMPACT%20OF%20UNCERTAINTY%20TO%20THE%20MARKET%20VALUE%20BY%20INTRODUCING%20A%20BAYESIAN%20SALES%20COMPARISON%20APPROACH.pdf
_zView this item free of charge at www.rics.org
942 _n0
999 _c115605
_d115605