An application of the TODIM method to the multicriteria rental evaluation of residential properties |
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Authors: | Luiz Flávio Autran Monteiro Gomes Lu?´s Alberto Duncan Rangel |
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Institution: | 1. Ibmec/RJ, Business Administration, Av. Presidente Wilson 118, 20030-020 Rio de Janeiro, RJ, Brazil;2. School of Industrial and Metallurgical Engineering, Fluminense Federal University, Av. dos Trabalhadores 420, 27255-125 Volta Redonda, RJ, Brazil |
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Abstract: | This article presents an evaluation study of residential properties carried out together with real estate agents in the city of Volta Redonda, Brazil. The study aimed to define a reference value for the rents of these properties using the TODIM method of Multicriteria Decision Aiding. By applying this method to the ordering of properties with different characteristics, a ranking of all the properties was obtained and, as a result of this, diverse ranges of rental values for the properties under analysis. The study was complemented by an analysis of the sensitivity of the numerical results obtained. |
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Keywords: | Multiple criteria analysis Real estate market Prospect theory |
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