The Infona portal uses cookies, i.e. strings of text saved by a browser on the user's device. The portal can access those files and use them to remember the user's data, such as their chosen settings (screen view, interface language, etc.), or their login data. By using the Infona portal the user accepts automatic saving and using this information for portal operation purposes. More information on the subject can be found in the Privacy Policy and Terms of Service. By closing this window the user confirms that they have read the information on cookie usage, and they accept the privacy policy and the way cookies are used by the portal. You can change the cookie settings in your browser.
Uncertainty about the inner workings of machine learning (ML) models holds back the application of ML‐enabled systems in real estate markets. How do ML models arrive at their estimates? Given the lack of model transparency, how can practitioners guarantee that ML systems do not run afoul of the law? This article first advocates a dedicated software testing framework for applied ML systems, as commonly...
This study documents that over 10% of the presale contracts in the Hong Kong housing market between 1996 and 2014 were rescinded, resulting in a loss of HKD 436.67 million per year. We then investigate potential determinants of contracts rescission from a novel perspective of option theory. We find out‐of‐the‐money presale contracts (with market price being lower than the outstanding payment at settlement)...
Set the date range to filter the displayed results. You can set a starting date, ending date or both. You can enter the dates manually or choose them from the calendar.