Abstract
This study focuses on the market of property subject to lifelong usufruct in Italy. This type of investment or disinvestment has found more widespread than in the past because of the difficulties related to the current economic conditions that adversely affect the disposable income and access to credit of households. This paper develops a Decision Tree Analysis model to support a decision to invest in bare dominium. The model is perfectly suited to the analysis of this investment, since it is able to treat the specific risk that characterizes it that is connected to the life expectancy of the usufructuary.
This is a preview of subscription content, log in via an institution to check access.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
Preview
Unable to display preview. Download preview PDF.
References
Magee, J.: Decision Trees for Decision Making. Harvard Business Review 42(4), 126–138 (1964)
Manganelli, B.: Economic feasibility of a biogas cogeneration plant fueled with biogasfrom animal waste. Advanced Materials Research 864-867, 451–455 (2014)
Magee, J.: How to Use Decision Trees in Capital Investment. Harvard Business Review 2(5), 79–96 (1964)
De Ambrogio, W.: Programmazione reticolare. Etas Libri, Milano (1977)
Zaderenko, S.G.: Sistemi di programmazione reticolare. Hoepli, Milano (1970)
Bland, R., Beechey, C.E., Dowding, D.: Extending the model of the Decision Tree. Technical Report CSM – 162. Department of Computing Science and Mathematics –University of Stirling, Scotland (August 2002)
Dey, P.K.: Decision support system for risk management: A case study. Management Decision 39(8), 634–649 (2001)
Alemi, F., Gustafson, D.H.: Decision Analysis for healthcare managers. Health Administration Press, AUPHA Press, Chicago, Washington (2006)
Goodwin, P., Wright, G.: Decision Analysis for Management Judgement. John Wiley & Sons Ltd., Chichester (2004)
Manganelli, B.: La valutazione degli investimenti immobiliari. Franco Angeli, Milano (2013)
De Mare, G., Manganelli, B., Nesticò, A.: The Economic Evaluation of Investments in the Energy Sector - A Model for the Optimization of the Scenario Analyses. In: Murgante, B., Misra, S., Carlini, M., Torre, C.M., Nguyen, H.-Q., Taniar, D., Apduhan, B.O., Gervasi, O. (eds.) ICCSA 2013, Part II. LNCS, vol. 7972, pp. 359–374. Springer, Heidelberg (2013)
McNamee, P., Celona, J.: Decision Analysis for the Professional. SmartOrg, Inc. (2001)
Morano, P., Tajani, F.: Estimative Analysis of a Segment of the Bare Ownership Market of Residential Property. In: Murgante, B., Misra, S., Carlini, M., Torre, C.M., Nguyen, H.-Q., Taniar, D., Apduhan, B.O., Gervasi, O. (eds.) ICCSA 2013, Part IV. LNCS, vol. 7974, pp. 433–443. Springer, Heidelberg (2013)
Morano, P., Tajani, F.: Bare ownership evaluation, Hedonic price model vs artificial neural network. International Journal of Business Intelligence and Data Mining 8(4), 340–362 (2013)
Author information
Authors and Affiliations
Editor information
Editors and Affiliations
Rights and permissions
Copyright information
© 2014 Springer International Publishing Switzerland
About this paper
Cite this paper
Manganelli, B. (2014). A Model to Support the Decision to Invest in Bare Dominium. In: Murgante, B., et al. Computational Science and Its Applications – ICCSA 2014. ICCSA 2014. Lecture Notes in Computer Science, vol 8581. Springer, Cham. https://doi.org/10.1007/978-3-319-09150-1_7
Download citation
DOI: https://doi.org/10.1007/978-3-319-09150-1_7
Publisher Name: Springer, Cham
Print ISBN: 978-3-319-09149-5
Online ISBN: 978-3-319-09150-1
eBook Packages: Computer ScienceComputer Science (R0)