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Price Distribution

Price distribution over 55 days • 1 price levels

Days at Price

Price Analysis

Most common price: £61 (55 days, 100.0%)

Price range: £61 - £61

Price levels: 1 different prices over 55 days

Description

The statistical analysis of real estate data has received increasingly more attention during the last decade. Property owners, investors and banks are looking for cost-effective and reliable means to assess the value of single properties or even property portfolios. Additionally, building operating charges have turned out to be a major determinant of profitability of real estate investment, and the Europe-wide introduction of the energy certification for buildings in 2002 enhances the importance of accurate assessment of the energy efficiency of buildings even more. The main purpose of this thesis is to apply approaches that address nonlinearity and spatial or cluster-specific heterogeneity simultaneously on real estate price and cost data. A particularly broad and rich framework for semiparametric modeling is provided by structured additive regression (STAR) models. In STAR-models, continuous covariates are modeled as P(enalized)-splines. Furthermore, possibly correlated discrete random effects for spatial indexes, functions of two dimensional surfaces and (spatially) varying coefficient terms may also be estimated using this methodology.

Product Specifications

Brand: Südwestdeutscher Verlag für Hochschulschriften
Format: paperback
ASIN: 3838126971
Category: Books > Subjects > Business, Finance & Law > Law
Domain: Amazon UK
Release Date: 26 July 2011
Listed Since: 27 July 2011

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Südwestdeutscher Verlag für Hochschulschriften Modeling Real Estate Data: Applications with Structured Additive Regression

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