Lorenz, Felix; Willwersch, Jonas; Cajias, Marcelo; … - In: Real Estate Economics 51 (2022) 5, pp. 1178-1208
in real estate through Interpretable ML (IML). Specifically, we compare a hedonic ML approach to a set of model … confirm that size and age are the most important rent drivers. Further analysis reveals that certain bundles of hedonic … than adding up the contributions of each hedonic characteristic. Building age is shown to exhibit a U‐shaped pattern in …