Lai, Tsong-Yue; Vandell, Kerry; Wang, Ko; Welke, Gerd - In: Journal of Real Estate Research 30 (2008) 4, pp. 441-460
This paper proposes and develops a replication method for estimating property values, in which optimal weights of comparable property attributes that best duplicate the subject property are determined. In a setting where the number of comparables is large compared to the number of attributes,...