Proceedings of the 6th International Conference on Economics, Management, Law and Education (EMLE 2020)

Mathematical and Analytical Models of the Market of Commercial Real Estate: Monitoring, Analysis and Projected Growth in the Context of Clusterization

Authors
Elena Klochko, Kristina Karpenko
Corresponding Author
Elena Klochko
Available Online 21 February 2021.
DOI
10.2991/aebmr.k.210210.062How to use a DOI?
Keywords
cluster structures, real estate market, index methods, economic and mathematical algorithm, analytical models
Abstract

The present article is primarily aimed at developing the model for analysing and forecasting the development of the commercial real estate market. The authors have studied the existing methodology for the analysis of the real estate market and its weaknesses, and have identified the areas of further development of the models for analysing and forecasting the development of the commercial real estate market. It has been found that the assessment of the current situation in the real estate market is performed based on static and historical data, which, however, do not always provide full information. Therefore, it is advisable to use index methods as an additional data processing instrument — they empower analysis, albeit increasing its complexity. The authors have revealed that a formalized description of the procedure for building discrete spatial and parametric models of the real estate market is performed in comparison with the approaches and concepts of a related methodology —- regression modelling with continuous arguments. Additionally, the article presents the authors’ dynamic model of the real estate market for the Caucasian Mineralnye Vody region.

Copyright
© 2021, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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Volume Title
Proceedings of the 6th International Conference on Economics, Management, Law and Education (EMLE 2020)
Series
Advances in Economics, Business and Management Research
Publication Date
21 February 2021
ISBN
978-94-6239-337-0
ISSN
2352-5428
DOI
10.2991/aebmr.k.210210.062How to use a DOI?
Copyright
© 2021, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

Cite this article

TY  - CONF
AU  - Elena Klochko
AU  - Kristina Karpenko
PY  - 2021
DA  - 2021/02/21
TI  - Mathematical and Analytical Models of the Market of Commercial Real Estate: Monitoring, Analysis and Projected Growth in the Context of Clusterization
BT  - Proceedings of the 6th International Conference on Economics, Management, Law and Education (EMLE 2020)
PB  - Atlantis Press
SP  - 380
EP  - 386
SN  - 2352-5428
UR  - https://doi.org/10.2991/aebmr.k.210210.062
DO  - 10.2991/aebmr.k.210210.062
ID  - Klochko2021
ER  -