tailieunhanh - How to improve market transparency

In the economic research market transparency is the knowledge about goods, their prices and their allocation. Competitive market transparency requires a competitive market. Unfortunately, caused by heterogeneous and immovable real estate the land and real estate market isn’t a competitive market. Nevertheless, improvement of market transparency is a major goal of market research. | How to improve market transparency . Rene Gudat PhD student and scientific assistant at Leibniz University Hanover Email gudat@ Telephone 0049 0 511 762 3389 Rene Gudat Geodetic Institute at Leibniz University Hanover Nienburger Strasse 1 30167 Hannover Germany BIOGRAPHICAL NOTES Rene Gudat was born in May 1982 in the north of Germany. He finished school in 2000. From 2002 to 2007 Rene studied geodetic engineering in Hanover and focuses on land and real estate management. Since 2007 he is PhD student at the chair of Professor Winrich VoB for land and real estate management at the Leibniz University of Hanover. Rene s research project deals with the improvement of transparency on the land and real estate market. His PhD thesis focuses on estimation of a ranking of important characteristics of the land and real estate market by using Multi-Criteria Decision Making Decision Theory . Besides this Rene is a member of different working groups that are specialised on valuation of property and the analyses of the land and property market. 1 How to improve market transparency Market transparency market information Multi criteria decision making PROMETHEE key fectors 1 Abstract In the economic research market transparency is the knowledge about goods their prices and their allocation. Competitive market transparency requires a competitive market. Unfortunately caused by heterogeneous and immovable real estate the land and real estate market isn t a competitive market. Nevertheless improvement of market transparency is a major goal of market research. The land and real estate market is divided spatially and factually. This paper will present empirical and theoretical efforts to improve transparency of the land and real estate market. It presents the preliminary results of a research project started in 2007. While the final report of the research project deals with empirical aspects the doctoral thesis deals with a theoretical model to improve .