Skip to main content

Investigation of Evolving Fuzzy Systems Methods FLEXFIS and eTS on Predicting Residential Prices

  • Conference paper
Fuzzy Logic and Applications (WILF 2011)

Part of the book series: Lecture Notes in Computer Science ((LNAI,volume 6857))

Included in the following conference series:

  • 874 Accesses

Abstract

In this paper, we investigate on-line fuzzy modeling for predicting the prices of residential premises using the concept of evolving fuzzy models. These combine the aspects of incrementally updating the parameters and expanding the inner structure on demand with the concepts of uncertainty modeling in a possibilistic and linguistic manner (via fuzzy sets and fuzzy rule bases). The FLEXFIS and eTS approaches are evolving fuzzy models used to compare with an expert-based property valuating method as well as with a classic genetic fuzzy system. We use a real-world dataset taken from a cadastral system for that comparison.

This is a preview of subscription content, log in via an institution to check access.

Access this chapter

Chapter
USD 29.95
Price excludes VAT (USA)
  • Available as PDF
  • Read on any device
  • Instant download
  • Own it forever
eBook
USD 39.99
Price excludes VAT (USA)
  • Available as PDF
  • Read on any device
  • Instant download
  • Own it forever
Softcover Book
USD 54.99
Price excludes VAT (USA)
  • Compact, lightweight edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info

Tax calculation will be finalised at checkout

Purchases are for personal use only

Institutional subscriptions

Preview

Unable to display preview. Download preview PDF.

Unable to display preview. Download preview PDF.

References

  1. Alonso, J.M., Magdalena, L., González-Rodríguez, G.: Looking for a good fuzzy system interpretability index: An experimental approach. Int. J. of Approximate Reasoning 51, 115–134 (2009)

    Article  MathSciNet  Google Scholar 

  2. Angelov, P., Filev, D.: An approach to online identification of Takagi-Sugeno fuzzy models. IEEE Trans. Syst., Man, Cybern. B 34(1), 484–498 (2004)

    Article  Google Scholar 

  3. Angelov, P., Lughofer, E.: Data-driven evolving fuzzy systems using eTS and FLEXFIS: Comparative analysis. Int. J. of General Systems 37(1), 45–67 (2008)

    Article  MATH  Google Scholar 

  4. Bonissone, P., Cheetham, W.: Financial applications of fuzzy case-based reasoning to residential property valuation. In: Proceedings of the Sixth IEEE Int. Conference on Fuzzy Systems 1997, vol. 1, pp. 37–44 (July 1997)

    Google Scholar 

  5. Castro, J., Delgado, M.: Fuzzy systems with defuzzification are universal approximators. IEEE Trans. Syst., Man, Cybern. B 26, 149–152 (1996)

    Article  Google Scholar 

  6. D’Amato, M.: Comparing rough set theory with multiple regression analysis as automated valuation methodologies. Int. Real Estate Review 10(2), 42–65 (2007)

    Google Scholar 

  7. Demšar, J.: Statistical comparisons of classifiers over multiple data sets. J. of Machine Learning Research 7, 1–30 (2006)

    MathSciNet  MATH  Google Scholar 

  8. García, N., Gámez, M., Alfaro, E.: ANN+GIS: An automated system for property valuation. Neurocomputing 71(4–6), 733–742 (2008)

    Article  Google Scholar 

  9. García, S., Herrera, F.: An extension on statistical comparisons of classifiers over multiple data sets. J. of Machine Learning Research 9, 2677–2694 (2008)

    MATH  Google Scholar 

  10. González, M.A.S., Formoso, C.: Mass appraisal with genetic fuzzy rule-based systems. Property Management 24(1), 20–30 (2006)

    Article  Google Scholar 

  11. Guan, J., Zurada, J., Levitan, A.S.: An adaptive neuro-fuzzy inference system based approach to real estate property assessment. J. of Real Estate Research 30(4), 395–422 (2008)

    Google Scholar 

  12. Kempa, O., Lasota, T., Telec, Z., Trawiński, B.: Investigation of bagging ensembles of genetic neural networks and fuzzy systems for real estate appraisal. In: Nguyen, N.T., Kim, C.-G., Janiak, A. (eds.) ACIIDS 2011, Part II. LNCS (LNAI), vol. 6592, pp. 323–332. Springer, Heidelberg (2011)

    Chapter  Google Scholar 

  13. Kontrimas, V., Verikas, A.: The mass appraisal of the real estate by computational intelligence. Applied Soft Computing 11(1), 443–448 (2011)

    Article  Google Scholar 

  14. Kosko, B.: Fuzzy systems as universal approximators. IEEE Trans. on Computers 43(11), 1329–1333 (1994)

    Article  MATH  Google Scholar 

  15. Król, D., Lasota, T., Trawiński, B., Trawiński, K.: Investigation of evolutionary optimization methods of tsk fuzzy model for real estate appraisal. Int. J. Hybrid Intell. Syst. 5(3), 111–128 (2008)

    Article  MATH  Google Scholar 

  16. Lasota, T., Telec, Z., Trawiński, B., Trawiński, K.: Investigation of the ets evolving fuzzy systems applied to real estate appraisal. J. of Multiple-Valued Logic and Soft Computing 17(2-3), 229–253 (2011)

    Google Scholar 

  17. Lughofer, E.: FLEXFIS: A robust incremental learning approach for evolving TS fuzzy models. IEEE Trans. on Fuzzy Systems 16(6), 1393–1410 (2008)

    Article  Google Scholar 

  18. Lughofer, E., Bouchot, J.L.: On-line elimination of local redundancies in evolving fuzzy systems, evolving systems. Evolving Systems (2011) (in revision)

    Google Scholar 

  19. Lughofer, E., Klement, E.: FLEXFIS: A variant for incremental learning of Takagi-Sugeno fuzzy systems. In: Proceedings of FUZZ-IEEE 2005, Reno, Nevada, U.S.A, pp. 915–920 (2005)

    Google Scholar 

  20. Nguyen, N., Cripps, A.: Predicting housing value: A comparison of multiple regression analysis and artificial neural networks. J. of Real Estate Research 22(3), 313–336 (2001)

    Google Scholar 

  21. Selim, H.: Determinants of house prices in turkey: Hedonic regression versus artificial neural network. Expert Systems with Applications 36, 2843–2852 (2009)

    Article  Google Scholar 

  22. Takagi, T., Sugeno, M.: Fuzzy identification of systems and its applications to modeling and control. IEEE Trans. Syst., Man, Cybern. 15(1), 116–132 (1985)

    Article  MATH  Google Scholar 

  23. Wang, L., Mendel, J.: Fuzzy basis functions, universal approximation and orthogonal least-squares learning. IEEE Trans. Neural Networks 3(5), 807–814 (1992)

    Article  Google Scholar 

Download references

Author information

Authors and Affiliations

Authors

Editor information

Editors and Affiliations

Rights and permissions

Reprints and permissions

Copyright information

© 2011 Springer-Verlag Berlin Heidelberg

About this paper

Cite this paper

Trawiński, B., Trawiński, K., Lughofer, E., Lasota, T. (2011). Investigation of Evolving Fuzzy Systems Methods FLEXFIS and eTS on Predicting Residential Prices. In: Fanelli, A.M., Pedrycz, W., Petrosino, A. (eds) Fuzzy Logic and Applications. WILF 2011. Lecture Notes in Computer Science(), vol 6857. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-642-23713-3_16

Download citation

  • DOI: https://doi.org/10.1007/978-3-642-23713-3_16

  • Publisher Name: Springer, Berlin, Heidelberg

  • Print ISBN: 978-3-642-23712-6

  • Online ISBN: 978-3-642-23713-3

  • eBook Packages: Computer ScienceComputer Science (R0)

Publish with us

Policies and ethics