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
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Czech description
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Classification
Type
D - Article in proceedings
CEP classification
AH - Economics
OECD FORD branch
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Result continuities
Project
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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
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ISSN
2212-5671
e-ISSN
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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