2014Journal of Engineering ManagementRequires access

Factors on Price of Housing Surrounding the Urban Rail Transit——Based on AHP and Entropy Weight Method

Huang Yan-xian

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Abstract

In order to further explore the effect of urban rail transit on the surrounding housing prices,,an analysis method which combines AHP and entropy weight is proposed to evaluate the influence of urban rail transit on the surrounding housing prices based on the analytic hierarchy process(AHP)and the entropy method. It avoids misjudgment caused by the separately analytic hierarchy process and unquantifiable situation by the entropy method. Taking subway line 1 of Dalian as an example and based on the actual property surrounding residential development,the weight of each influence factor is determined. It is significant to the prediction of the housing prices surrounding urban rail transit.

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What this paper is about

In order to further explore the effect of urban rail transit on the surrounding housing prices,,an analysis method which combines AHP and entropy weight is proposed to evaluate the influence of urban rail transit on the surrounding housing prices based on the analytic hierarchy process(AHP)and the entropy method. It avoids misjudgment caused by the separately analytic hierarchy process and unquantifiable situation by the entropy method. Taking subway line 1 of Dalian as an example and based on the actual property surrounding residential development,the weight of each influence factor is determined. It is significant to the prediction of the housing prices surrounding urban rail transit.

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Available abstract

In order to further explore the effect of urban rail transit on the surrounding housing prices,,an analysis method which combines AHP and entropy weight is proposed to evaluate the influence of urban rail transit on the surrounding housing prices based on the analytic hierarchy process(AHP)and the entropy method. It avoids misjudgment caused by the separately analytic hierarchy process and unquantifiable situation by the entropy method. Taking subway line 1 of Dalian as an example and based on the actual property surrounding residential development,the weight of each influence factor is determined. It is significant to the prediction of the housing prices surrounding urban rail transit.

Key concepts: Analytic hierarchy process, Urban rail transit, Rail transit, Transport engineering, Entropy (arrow of time), Urban rail, Rapid transit, Computer science

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