Publication detail

Multi-Criteria Decission Making: The Used Oriented Application for the Real Estate Market

DERMEKOVÁ, S. BARTONĚK, D.

Original Title

Multi-Criteria Decission Making: The Used Oriented Application for the Real Estate Market

Type

conference paper

Language

English

Original Abstract

The aim of the paper is a user-oriented application of the theory of decision making for the real estate market. It creates a need to optimize the input information and choose the most suitable option in conjunction with spatial decision making. The purpose is to streamline the decision-making process between stakeholders on the real estate market (developers, investors, end-users). Designed user-oriented method consists of a combination of several multi-criteria methods. In this work was created a mathematical model which inputs represent the various groups of stakeholders and outputs represent individual variants of multi-criteria evaluation. The individual parameters of evaluations of real estate are weighted according to the users and experts. These parameters are determined in the model as the main criteria strategic planning in the real estate engineering which weights are estimated using different methods of decision theory. Spatial analyses create an important part of this method. Spatial analyses serve as an attractive cartographic presentation of the project to users appearing in the real estate market using static and interactive maps. Multi-criteria decision analysis (MCDA) is the end result of processes designed to investigate and document many factors which affect the real estate market and the price of real estate. Factors determine demand and supply for particular type of real estate and the geographic boundaries of the trade area. The proposed method is a new approach to comprehensive evaluation criteria for the purposes of the real estate market. This consists in the fact that the existing MCDA methods are integrated into one unit and evaluated through an optimal variant.

Keywords

Real estate market, Business geography, Multi-criteria decision analysis, GIS, Spatial analysis

Authors

DERMEKOVÁ, S.; BARTONĚK, D.

RIV year

2014

Released

15. 6. 2014

Publisher

Bulgarian Cartographic Association

Location

Sofia, Bulgaria

ISBN

0-470-85151-1

Book

5th Internationa Conference on Cartography and GIS

Edition

Proceedings

Edition number

1

ISBN

1314-0604

Periodical

International Conference on Cartography and GIS

Year of study

Vol1

Number

1

State

Republic of Bulgaria

Pages from

583

Pages to

590

Pages count

8

BibTex

@inproceedings{BUT108232,
  author="Stanislava {Viktorová} and Dalibor {Bartoněk}",
  title="Multi-Criteria Decission Making: The Used Oriented Application for the Real Estate Market",
  booktitle="5th Internationa Conference on Cartography and GIS",
  year="2014",
  series="Proceedings",
  journal="International Conference on Cartography and GIS",
  volume="Vol1",
  number="1",
  pages="583--590",
  publisher="Bulgarian Cartographic Association",
  address="Sofia, Bulgaria",
  isbn="0-470-85151-1",
  issn="1314-0604"
}