PariTOP: A goal programming-based software for real estate assessment |
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| Institution: | 1. CENTOR – Faculté des sciences de l''administration, Université Laval, Cité Universitaire, Pavillon Palasis-Prince, Sainte-Foy, Que., Canada G1K 7P4;2. Modellium, Inc, Quebec Metro High Tech Park, 2750, rue Einstein, Bureau 100, Sainte-Foy, Que., Canada G1K 7P4;1. Thin Film Materials Laboratory, Department of Physics, Shivaji University, Kolhapur, 416 004, M.S., India;2. Polymer Energy Materials Laboratory, School of Applied Chemical Engineering, Chonnam National University, Gwangju, 500 757, South Korea;3. School of Nanoscience and Technology, Shivaji University, Kolhapur, 416 004, M.S., India;4. Department of Materials Science and Engineering, Chonnam National University, Gwangju, 500 757, South Korea;1. State Key Lab of Metal Matrix Composites, School of Materials Science and Engineering, Shanghai Jiao Tong University, Shanghai 200240, China;2. Materials Genome Initiative Center, Shanghai Jiao Tong University, 200240, China;1. Centre for Environmental Sciences, Hasselt University, Martelarenlaan 42, 3500 Hasselt, Belgium;2. VITO, Boeretang 200, 2400 Mol, Belgium;3. Department Engineering Management, Antwerp University, Prinsstraat 13, 2000 Antwerpen, Belgium;4. Research Group of Marketing and Strategy, Hasselt University, Martelarenlaan 42, 3500 Hasselt, Belgium;1. School of Management, China institute for Studies in Energy Policy, Xiamen University, Fujian, 361005, PR China.;2. Innovation Laboratory for Sciences and Technologies of Energy Materials of Fujian Province (IKKEM), Xiamen, Fujian 361101, PR China.;3. The School of Economics (SOE), Xiamen University, Xiamen 361005, PR China;1. Centre for Environmental Sciences (CMK), Hasselt University, Agoralaan – Building D, 3590 Diepenbeek, Belgium;2. Department of Economics, University of Waterloo, Canada;3. VITO, Mol, Belgium;1. Department of Economics, University of Gothenburg, P.O. Box 640, SE 405 30 Gothenburg, Sweden;2. Department of Economics, Universidad de Los Andes, Bogotá, Colombia;3. Department of Biological and Environmental Sciences, University of Gothenburg, Sweden |
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| Abstract: | In Quebec's municipal taxation system, the tax burden is allocated according to the market value of properties. Determining the market values for housing inventories containing tens of thousands of properties is obviously a complex task with enormous implications in terms of the resources required and the quality of the resulting estimates. This article presents PariTOP, a decision-support system that uses mathematical programming in general and goal programming in particular to estimate the market value of large numbers of residential properties. PariTOP is the result of a partnership between the Communauté urbaine de Québec (CUQ), an administrative unit that comprises 12 cities, and Modellium, a Canadian company that develops decision-support systems. |
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