METHOD AND SYSTEM FOR AUTOMATED PROPERTY VALUATION

The present invention is a method and system for automating the process for valuing a property that progduces an estimated value of a subject property, and a quality assessment of the estimated value. The process is a generative artificial intelligence method that trains a fuzzy-neural network using...

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Bibliographic Details
Main Authors BONISSONE PIERO PATRONE, KHEDKAR PRATAP SHANKAR
Format Patent
LanguageEnglish
Published 10.10.2002
Edition7
Subjects
CALCULATING
COMPUTER SYSTEMS BASED ON SPECIFIC COMPUTATIONAL MODELS
COMPUTING
COUNTING
PHYSICS
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Summary:The present invention is a method and system for automating the process for valuing a property that progduces an estimated value of a subject property, and a quality assessment of the estimated value. The process is a generative artificial intelligence method that trains a fuzzy-neural network using a subset of cases from a case-base, and produces a run-time system to provide an estimate of the subject property's value. In one embodiment, the system is a network-based implementation of fuzzy inference based on a system that implements a fuzzy system as a five-layer neural network so that the structure of the network can be interpreted in terms of high-level rules. The neural network is trained automatically from data. IF/THEN rules are used to map inputs to outputs by a fuzzy logic inference system. Different models for the same problem can be obtained by changing the inputs to the neuro-fuzzy network, or by varying its architecture.
Bibliography:Application Number: US19990337285