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Developing automated valuation models for estimating property values: a comparison of global and locally weighted approaches |
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| Authors: | Doumpos Michalis Papastamos Dimitrios Andritsos Dimitrios Zopounidis Constantin |
| Institution: | 1.School of Production Engineering and Management, Financial Engineering Laboratory, Technical University of Crete, University Campus, 73100, Chania, Greece ;2.Cerved Property Services, Eslin & 20, Amaliados Str., 11523, Athens, Greece ;3.Audencia Business School, Finance Department, 8 route de la Jonelière, 44312, Nantes, France ; |
| Abstract: | Annals of Operations Research - Automated valuation models are widely used in real estate to provide estimates for property prices. Such models are typically developed through regression... |
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