THE EFFICIENCY OF SELECTED REAL ESTATE MARKETS IN POLAND
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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.
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Renigier-Biłozor, M., & Wiśniewski, R. (2011). THE EFFICIENCY OF SELECTED REAL ESTATE MARKETS IN POLAND. Acta Scientiarum Polonorum. Oeconomia, 10(1), 83–95. Retrieved from https://aspe.sggw.edu.pl/article/view/618
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