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Investigation of Bagging Ensembles of Genetic Neural Networks and Fuzzy Systems for Real Estate Appraisal

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Intelligent Information and Database Systems (ACIIDS 2011)

Part of the book series: Lecture Notes in Computer Science ((LNAI,volume 6592))

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Abstract

Artificial neural networks are often used to generate real appraisal models utilized in automated valuation systems. Neural networks are widely recognized as weak learners therefore are often used to create ensemble models which provide better prediction accuracy. In the paper the investigation of bagging ensembles combining genetic neural networks as well as genetic fuzzy systems is presented. The study was conducted with a newly developed system in Matlab to generate and test hybrid and multiple models of computational intelligence using different resampling methods. The results of experiments showed that genetic neural network and fuzzy systems ensembles outperformed a pairwise comparison method used by the experts to estimate the values of residential premises over majority of datasets.

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Author information

Authors and Affiliations

  1. Dept. of Spatial Management, Wrocław University of Environmental and Life Sciences, ul. Norwida 25/27, 50-375, Wrocław, Poland

    Olgierd Kempa & Tadeusz Lasota

  2. Institute of Informatics, Wrocław University of Technology, Wybrzeże Wyspiańskiego 27, 50-370, Wrocław, Poland

    Zbigniew Telec & Bogdan Trawiński

Authors
  1. Olgierd Kempa
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  2. Tadeusz Lasota
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  3. Zbigniew Telec
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  4. Bogdan Trawiński
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Editor information

Editors and Affiliations

  1. Wroclaw University of Technology, 50-370, Wroclaw, Poland

    Ngoc Thanh Nguyen

  2. Department of Computer Engineering, Yeungnam University, Dae-Dong, 712-749, Gyeungsan, Korea

    Chong-Gun Kim

  3. Institute of Informatics, Automation and Robotics, Wroclaw University of Technology, 50-370, Wrocław, Poland

    Adam Janiak

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Kempa, O., Lasota, T., Telec, Z., Trawiński, B. (2011). Investigation of Bagging Ensembles of Genetic Neural Networks and Fuzzy Systems for Real Estate Appraisal. In: Nguyen, N.T., Kim, CG., Janiak, A. (eds) Intelligent Information and Database Systems. ACIIDS 2011. Lecture Notes in Computer Science(), vol 6592. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-642-20042-7_33

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  • DOI: https://doi.org/10.1007/978-3-642-20042-7_33

  • Publisher Name: Springer, Berlin, Heidelberg

  • Print ISBN: 978-3-642-20041-0

  • Online ISBN: 978-3-642-20042-7

  • eBook Packages: Computer ScienceComputer Science (R0)

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