Solving Optimization Tasks on the Real Estate Market Using Multi-Criteria Decision-Making
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Technická Univerzita v Liberci
Technical university of Liberec, Czech Republic
Technical university of Liberec, Czech Republic
Abstract
The huge number of advertisements on the websites of real estate companies are deep unexplored data mines. Real estate data can be obtained daily by automatically analyzing such websites. Specifically, data on the square footage of apartments and their price are commonly available. It was thus possible to control the real estate market in every municipality of the Czech Republic. A software tool has been developed to obtain this data, which also monitors the number of advertisements in individual municipalities. The aim of the article is to design an application for selecting the optimal variant based on multi-criteria decision-making and evaluation of variants. The results of many multi-criteria decision-making methods (TOPSIS, ELECTRA, and others) will be implemented and compared, an10d a specific item that is most suitable for a given user will be proposed.
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multi-criteria decision making, ordinal information, cardinal information, real estate market
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978-80-7494-627-1