Real Estate Management and Valuation (Mar 2016)

Streamlining of the Process of Decision-Making in Real Estate Management with Incomplete Information

  • Renigier-Biłozor Małgorzata,
  • Biłozor Andrzej,
  • Napiórkowska-Baryła Agnieszka

DOI
https://doi.org/10.1515/remav-2016-0006
Journal volume & issue
Vol. 24, no. 1
pp. 64 – 75

Abstract

Read online

This paper presents a streamlined sub-system of decision-making in a real estate market with incomplete data. As we currently observe, various entities collect data and use databases, which entails a problem with their quality and completeness. This results from the specifics of the real estate market, particularly from the nature of the available information, access to it and integral uncertainty.

Keywords