14. Computer Assisted Mass Appraisal And The Property Tax
- William J. McCluskey3,
- Gary C. Cornia4 and
- Lawrence C. Walters5
Published Online: 1 NOV 2012
DOI: 10.1002/9781118454343.ch14
Copyright © 2013 Blackwell Publishing Ltd
Book Title
A Primer on Property Tax: Administration and Policy
Additional Information
How to Cite
McCluskey, W. J., Davis, P., McCord, M., McIlhatton, D. and Haran, M. (2012) Computer Assisted Mass Appraisal And The Property Tax, in A Primer on Property Tax: Administration and Policy (eds W. J. McCluskey, G. C. Cornia and L. C. Walters), Blackwell Publishing Ltd, Oxford. doi: 10.1002/9781118454343.ch14
Editor Information
- 3
Built Environment Research Institute, University of Ulster, UK
- 4
Marriott School of Management, Brigham Young University, USA
- 5
Romney Institute of Public Management, Brigham Young University, USA
Publication History
- Published Online: 1 NOV 2012
- Published Print: 16 NOV 2012
ISBN Information
Print ISBN: 9781405126496
Online ISBN: 9781118454343
- Summary
- Chapter
- References
Keywords:
- artificial neural network;
- computer assisted mass appraisal (CAMA);
- fuzzy rule-based system;
- multiple regression analysis (MRA);
- property tax;
- rule based expert system
Summary
Mass appraisal or computer assisted mass appraisal (CAMA) are terms that tend to apply to the valuation of real property for property tax purposes. This chapter first provides a brief introduction to the concept of CAMA. Then, it offers a detailed review of the main concepts in CAMA. Next, the chapter examines the main CAMA techniques used, followed by a discussion on a multiple regression analysis (MRA) case study. It outlines some of the main modelling paradigms which have been developed in terms of the appraisal of property for property tax purposes. A number of studies report the use of advanced modelling techniques as part of the method used to model the influence of location. These methods include hierarchical and random coefficient models, models with spatially varying parameters and spatial autocorrelation models.
Controlled Vocabulary Terms
Property tax; Regression analysis
