DYNAMICS OF THE REAL ESTATE PRICES IN THE LIGHT OF THE CATASTROPHE THEORY

Autor

  • Sławomir Kulesza University of Warmia and Mazury in Olsztyn
  • Mirosław Bełej

Słowa kluczowe:

catastrophe theory, real estate market, dynamics

Abstrakt

The paper describes application of catastrophe theory for analysis of trends of real estate prices inPoznan. It turns out that the evolution of the real estate market is comprised of two main processes: long-term evolution in the area of a non-degenerate stability and discontinuous, rapid changes in the area of a degenerate stability. In the macro scale, the construction and developing branch contributes largely to the Gross Domestic Product affecting overall economic environment. In the micro scale, however, the knowledge about future price trends may help to decide whether or not to buy or sell the house property.

Pobrania

Brak dostępnych danych do wyświetlenia.

Biogram autora

Sławomir Kulesza - University of Warmia and Mazury in Olsztyn

Faculty of Mathematics and Informatics

Opublikowane

2014-11-09

Jak cytować

Kulesza, S., & Bełej, M. (2014). DYNAMICS OF THE REAL ESTATE PRICES IN THE LIGHT OF THE CATASTROPHE THEORY. Acta Universitatis Lodziensis. Folia Oeconomica, 3(302). Pobrano z https://czasopisma.uni.lodz.pl/foe/article/view/65

Numer

Dział

Ekonomia

Podobne artykuły

<< < 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 > >> 

Możesz również Rozpocznij zaawansowane wyszukiwanie podobieństw dla tego artykułu.