Title
The efficiency of selected real estate markets in Poland
Autor
Małgorzata Renigier-Biłozor, Radosław Wiśniewski
Keywords
efficiency of the real estate market, rough set theory, valuation, land management
Abstract
Real estate markets (REM) may be classified as strong-form efficient, semistrong-form efficient or weak-form efficient. Efficiency measures the level of development or goal attainment in a complex social and economic system, such as the real estate market. The effectiveness of the real estate market is a function of the efficiency of individual market participants. This paper comprises two parts. The first part attempts to analyze the efficiency of the Polish real estate market as a feature of general market efficiency. It formulates recommendations for improving market efficiency through the choice of adequate research methods and procedures based on the principles of the rough set theory.
Pages
83-95
Cite
Renigier-Biłozor, M., Wiśniewski, R. (2011). The efficiency of selected real estate markets in Poland. Acta Sci. Pol. Oeconomia, 10(1), 83-95.
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