Purpose The complexity of property valuation, coupled with valuers' cognitive limitations,
makes some degree of error inevitable in valuations. However, given the crucial role that …

Zusammenfassung Dieser Artikel untersucht den Stand der immobilienwirtschaftlichen
Forschung zu menschlichen Entscheidungen und Entscheidungsunterstützungssystemen …

Price discovery is an important research topic in real estate due to the heterogeneous nature
of housing attributes and relatively thin trading activities compared to other assets. In …

Real estate valuation relies on real estate appraisers' accurate assessments, which reflects
the need to improve the objectivity of the valuation process. From the perspective of …

The use of heuristics is common within the valuation profession in Kenya, mainly because of
the country's valuation environment characterised by limited information. Although heuristics …

A decision support system (DSS) is an information system that provides assistance towards
solving problems that usually involve multiple courses of action to a specific problem. An …

Dieses Arbeitspapier befasst sich mit Entscheidungsunterstützungssystemen, die in der
Immobilienbranche eingesetzt werden. Der Schwerpunkt liegt dabei auf den sogenannten …

Property appraisal and value estimation in the Philippines are prone to human errors and
bias, due to price subjectivity and the general difficulty in properly quantifying the impact of …

2.1 Do valuers make decisions? 2.2 Decision making 2.2. 1 Insights from decision theory
and information processing theory 2.2. 2 Insights from process management and quality …

This chapter deals with decision support systems that are used in the real estate industry.
The focus lies on so-called model-driven decision support systems (DSS), ie, systems that …