Purpose Auditors are required to perform analytical procedures during the planning and concluding phases of the audit. Such procedures typically use data aggregated at a high level. The authors investigate whether artificial neural networks, a more sophisticated technique for analytical review...

Explains the strengths and weaknesses of neural networks and uses them to analyse racial patterns in 1994 mortgage (conventional and FHA) data for the city of Atlanta (USA). Admits the difficulty of interpreting the results of neural network models but suggests that race does have an impact on...

Purpose – Model estimation gives students insights beyond what they can gain from textbook presentations. This paper introduces a way to make doing this easier and more effective. It introduces the program Gnu Regression, Econometrics and Time‐series Library (GRETL) which may be downloaded...

Income multipliers are commonly used in the valuation of income streams. All income dollars, however, are not alike, and investors make distinctions based on the nature and source of the income. The income multiplier is adjusted for the characteristics of the investment. The present study deals...

Purpose – The purpose of this paper is to extract the location attributes, which are the most important for market value of real estate in countries with well‐developed markets. Design/methodology/approach – In this paper meta‐analysis is applied for extraction of location attributes and...

Purpose – A significant number of published empirical studies of real estate auctions abound in real estate literature. These studies focus on the auction price formation process through the comparison of sales from different auctions to revenue from private negotiations. While these studies...

Purpose – The purpose of this paper is to construct a hedonic property price index in the segmented housing market. Design/methodology/approach – Three different research questions are investigated. The first considers how to identify separate local housing markets, with the use of a...

Purpose – Due in large part to the proprietary nature of costs, there is a dearth of academic literature investigating the factors influencing the costs for sport marketing investments, such as sponsorship. Therefore, the purpose of this paper is to provide an analytical framework for market...

Purpose – The purpose of this study is to investigate whether question and keyword‐format queries are more successfully processed by search engines encouraging answers to searching and keyword‐format querying, respectively. This study aims to investigate whether web user characteristics...

Access to daily store level scanner data has been increasingly easier in recent years in Japan and time series analysis based on a sales response model is becoming realistic. Introduces a new method of combining time series analysis and regression analysis on the price promotion effect, which...