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Flood Risk as a Price-setting Factor in The Market Value of Real Property

The result's identifiers

  • Result code in IS VaVaI

    <a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F02819180%3A_____%2F15%3A%230000035" target="_blank" >RIV/02819180:_____/15:#0000035 - isvavai.cz</a>

  • Result on the web

    <a href="http://dx.doi.org/10.1016/S2212-5671(15)00447-5" target="_blank" >http://dx.doi.org/10.1016/S2212-5671(15)00447-5</a>

  • DOI - Digital Object Identifier

    <a href="http://dx.doi.org/10.1016/S2212-5671(15)00447-5" target="_blank" >10.1016/S2212-5671(15)00447-5</a>

Alternative languages

  • Result language

    angličtina

  • Original language name

    Flood Risk as a Price-setting Factor in The Market Value of Real Property

  • Original language description

    Currently, flood risk can be considered as the most serious threat, mainly in areas and countries where hardly any other natural risks occur. In relation to the field of valuation and insurance, flood risk represents a significant factor entering the newvaluation procedures as well as binding regulations for real property valuation. The main objective of the research was to determine whether flood risk could be considered as a price-setting factor in market price of a real estate. If so, then it wouldbe possible to start considering it in real estate valuation methods. Statistical methods of multiple linear regression model and statistical hypothesis testing, particularly statistical signification of regression parameter representing flood risk wereemployed in the research. The research was performed on the housing segment of the Czech real estate market.

  • Czech name

  • Czech description

Classification

  • Type

    D - Article in proceedings

  • CEP classification

    AH - Economics

  • OECD FORD branch

Result continuities

  • Project

  • Continuities

    N - Vyzkumna aktivita podporovana z neverejnych zdroju

Others

  • Publication year

    2015

  • Confidentiality

    S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Data specific for result type

  • Article name in the collection

    Procedia Economics and Finance

  • ISBN

  • ISSN

    2212-5671

  • e-ISSN

  • Number of pages

    7

  • Pages from-to

    658-664

  • Publisher name

    Elsevier

  • Place of publication

    Amsterdam

  • Event location

    Turkey

  • Event date

    Jan 1, 2014

  • Type of event by nationality

    WRD - Celosvětová akce

  • UT code for WoS article

    000360103600099