What is it about?

We propose the model describing the dependence of the market value of gondolas from age, and the corresponding Percent Good Factors table.

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Why is it important?

We justify and use a new type of functional dependencу, and it provides higher accuracy of valuation

Perspectives

Our approach can be used to determine the Percent Good Factors of other types of property

Mr Sergey A Smolyak
Central Economica and Mathematics Institute Russian Academy of Sciences

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This page is a summary of: (Models of Gondolas Depreciation Assessment), SSRN Electronic Journal, January 2015, Elsevier,
DOI: 10.2139/ssrn.2763710.
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