• DocumentCode
    507201
  • Title

    Application of Fuzzy Mathematics in Real Estate Project Pricing

  • Author

    Cuifeng, Huo

  • Author_Institution
    Sch. of Econ. & Manage., Beijing Jiaotong Univ., Beijing, China
  • Volume
    6
  • fYear
    2009
  • fDate
    14-16 Aug. 2009
  • Firstpage
    101
  • Lastpage
    106
  • Abstract
    In addition to considering construction costs, real estate project pricing still needs to consider market condition, socio-economic, natural and physical, road traffic and building situations, the income level of residents as well as the influence of national policy and many other factors, due to extreme complexity, unclarity, difficulty in determinacy and quantization of these factors, in real estate price appraisal process, the only thing can do is to hold main factors, assume some factors remain unchanged or dismiss certain factors for rough calculation or estimation, while such kind of price appraisal by dismissing some factors has fuzzy itself, so fuzzy judgment approach in fuzzy mathematics can be applied for market data comparison process appraisal when making regional factor correction and individual factor correction.
  • Keywords
    construction; fuzzy set theory; pricing; property market; building situations; construction costs; fuzzy judgment; fuzzy mathematics; individual factor correction; market condition; national policy; real estate price appraisal; real estate project pricing; regional factor correction; road traffic; socioeconomic situations; Appraisal; Costs; Economic forecasting; Fuzzy control; Fuzzy set theory; Fuzzy systems; Mathematics; Pricing; Roads; Weather forecasting; analytic hierarchy process (AHP); fuzzy mathematics; real estate pricing;
  • fLanguage
    English
  • Publisher
    ieee
  • Conference_Titel
    Fuzzy Systems and Knowledge Discovery, 2009. FSKD '09. Sixth International Conference on
  • Conference_Location
    Tianjin
  • Print_ISBN
    978-0-7695-3735-1
  • Type

    conf

  • DOI
    10.1109/FSKD.2009.116
  • Filename
    5359804