scholarly journals The Study and Applications of Property Price Model Based on Hierarchical Analysis

2018 ◽  
Vol 07 (02) ◽  
pp. 206-215
Author(s):  
钰淇 单
Keyword(s):  
Hierarchical Analysis ◽  
Price Model ◽  
Model Based ◽  
Property Price

scholarly journals Property Price Attributable to Subdivision Neighbourhood Designs: Hedonic Pricing Model Approach in Bangkok Metropolitan Region, Thailand

2020 ◽  
Vol 7 (3) ◽  
pp. 37-47
Author(s):  
Damrongsak Rinchumphu ◽  
Thidarat Kridakorn Na Ayutthaya ◽  
Riduan Yunus
Keyword(s):  
Hedonic Pricing ◽  
Metropolitan Region ◽  
Price Model ◽  
Policy Makers ◽  
Analysis Process ◽  
Property Price ◽  
Suitable Property ◽  
Variation Explained ◽  
The Government ◽  
High Level

The purpose of this paper is to determine whether the property price is caused by the subdivision neighbourhood designs in the Bangkok Metropolitan Region (BMR), Thailand. A total price model is developed during the analysis process. The model provides a greater understanding of the significance of the subdivision neighbourhood designs that are related to property pricing. This paper is based on data collection from 50 subdivisions across the BMR area. The hedonic pricing approach is used to develop the models. The semi-log models are developed on 1,182 samples of property sales located in eight zones of the BMR. The independent variables include general bundles of property characteristics and the subdivision neighbourhood design items. There are two major findings in this study. First, this study provides a suitable property price model for subdivision development in the BMR. The model presents the high level of R2 at 0.948. The model confirms that all classical hedonic variables are statistically significant to the property price. Furthermore, the additional alternative variables for the subdivision neighbourhood design items can improve the level of variation explained by the model. Second, this study finds that the average property price attributable to the subdivision neighbourhood design is about 20.24 % of the total property price. The components of the subdivision neighbourhood design items consist of project characteristics, recreation features, social facilities, and transportation system design. The model should support knowledge of the design’s impact on the property price for the Government or policy makers on making appropriate policies for urban and environmental management. The model provides a guideline for developers on appropriate property selling-prices for subdivision development in the BMR. The new understanding of the property price attributable to the subdivision neighbourhood designs support suitable decision making on new subdivision development in the BMR

scholarly journals International Real Estate Review

2013 ◽  
Vol 16 (3) ◽  
pp. 296-322
Author(s):  
Damrongsak Rinchumphu ◽  
◽  
Chris Eves ◽  
Connie Susilawati ◽  
◽  
...  
Keyword(s):  
Negative Impact ◽  
Positive Impact ◽  
Explanatory Power ◽  
Metropolitan Region ◽  
Hedonic Price ◽  
Price Model ◽  
Lot Size ◽  
Price Increases ◽  
Property Prices ◽  
Property Price

This paper aims to evaluate the brand value of property in subdivision developments in the Bangkok Metropolitan Region (BMR), Thailand. The result has been determined by the application of a hedonic price model. The development of the model is developed based on a sample of 1,755 property sales during the period of 1992-2010 in eight zones of the BMR. The results indicate that the use of a semi-logarithmic model has stronger explanatory power and is more reliable. Property price increases 12.90% from the branding. Meanwhile, the price annually increases 2.96%; lot size and dwelling area have positive impacts on the price. In contrast, duplexes and townhouses have a negative impact on the price compared to single detached houses. Moreover, the price of properties which are located outside the Bangkok inner city area is reduced by 21.26% to 43.19%. These findings also contribute towards a new understanding of the positive impact of branding on the property price in the BMR. The result is useful for setting selling prices for branded and unbranded properties, and the model could provide a reference for setting property prices in subdivision developments in the BMR.

Application of AHP Based on Entropy Weight for Risk Identification in Bridge Construction

2011 ◽  
Vol 243-249 ◽  
pp. 1871-1875 ◽  
Author(s):  
Qing Fu Li ◽  
Ping Cong ◽  
Hong Tao Yang ◽  
Hai Feng Li
Keyword(s):  
Risk Factors ◽  
Risk Identification ◽  
Hierarchical Analysis ◽  
Analysis Model ◽  
Bridge Construction ◽  
Entropy Weight ◽  
Model Based ◽  
Important Significance

The evaluations on the same factor from different experts, based on AHP, are not identical, and some even far cry, because the evaluation may be effected by the knowledge, experience and emotion of the experts. To remedy this shortage, this paper established a hierarchical analysis model based on entropy. In the model, entropy value represents the uncertainty of the results. And entropy weight reflects the contribution of every expert in the assessment. Then comprehensive combination weights of the factors are determined, reflecting the importance of every factor. Applying the method, the risk factors in some bridge construction were analyzed, and, the conclusion has important significance for correct risk countermeasures and smooth construction.

Stock Issue Price and the Entrepreneur’s Information Manipulation

2012 ◽  
Vol 430-432 ◽  
pp. 1183-1187
Author(s):  
Xiao Qiang Yu ◽  
Shan Cun Liu
Keyword(s):  
Information Asymmetry ◽  
Price Model ◽  
Model Based ◽  
Information Manipulation ◽  
Stock Issue

Considering information asymmetry between the entrepreneur and external investors, this paper makes a hypothesis that the entrepreneur would manipulate information when issuing shares, and derives a stock issue price model based on information manipulation and effort the entrepreneur would make. Analysis of the model shows the level of information manipulation does affect the stock issue price. Market regulators should improve the capacity of identifying information manipulation and increase penalties for manipulators, so that the market can be more accurately pricing shares being issued.

A cloud computing price model based on virtual machine performance degradation

2019 ◽  
Vol 18 (4) ◽  
pp. 451
Author(s):  
Dionisio Machado Leite ◽  
Maycon Leone Maciel Peixoto ◽  
Carlos Henrique Gomes Ferreira ◽  
Bruno Guazzelli Batista ◽  
Danilo Costa Marim Segura ◽  
...  
Keyword(s):  
Cloud Computing ◽  
Virtual Machine ◽  
Performance Degradation ◽  
Price Model ◽  
Model Based ◽  
Machine Performance

scholarly journals Pricing of the commodity market on the example of an integrated model of the economy of the cocoa industry

2021 ◽  
Vol 244 ◽  
pp. 10033
Author(s):  
Antonina Sharkova ◽  
Irina Sycheva
Keyword(s):  
International Trade ◽  
Raw Materials ◽  
Integrated Model ◽  
Commodity Market ◽  
Price Model ◽  
Economic Relationships ◽  
State Management ◽  
Model Based ◽  
Factors Influencing ◽  
The World

The article describes the peculiarities of pricing of the cocoa industry, the world experience of state management of export supplies of beans that affect international trade in raw materials. The factors influencing the exchange pricing of large volumes of supplies were identified. An integrated price model based on the economic relationships of the cocoa market has been developed.

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