Artificial Intelligence and the Mass Appraisal of Residential Apartments
Journal of Property Valuation and Investment
ISSN: 0960-2712
Article publication date: 1 February 1992
Abstract
Introduces the theory of artificial neural networks (ANN). Discusses its application to the valuation of residential apartments. Compares the performance of the back propagation neural network (BP) model in estimating sale prices of apartments against the traditional multiple regression analysis (MRA) model. Concludes that the neural network model is an easy‐to‐use, black‐box alternative to the MRA model.
Keywords
Citation
Tay, D.P.H. and Ho, D.K.H. (1992), "Artificial Intelligence and the Mass Appraisal of Residential Apartments", Journal of Property Valuation and Investment, Vol. 10 No. 2, pp. 525-540. https://doi.org/10.1108/14635789210031181
Publisher
:MCB UP Ltd
Copyright © 1992, MCB UP Limited