2024
DOI: 10.31648/aspal.10112
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Theoretical and Methodological Foundations of Uncertainty Modeling in Real Estate Markets

Nonso Izuchukwu Ewurum,
Njideka Maryclara Aguome,
Cezary Kowalczyk
et al.

Abstract: Motivation: The need to improve the accuracy and reliability of market valuation and risk assessment in real estate markets, especially under conditions of uncertainty.Aim: To integrate theoretical foundations and methodological approaches for modeling aleatoric and epistemic uncertainties in real estate markets using credal networks and confidence boxes (c-boxes).Approach: This paper presents a comprehensive theoretical and methodological framework for uncertainty modeling in real estate markets, focusing on … Show more

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