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Regression model for car valuation based on internet data parsing

https://doi.org/10.21122/2309-4923-2020-2-4-9

Abstract

The results of econometric modeling of market value are described on the example of class B cars based on the collection of information from a popular website using a parser program. The resulting model in the form of two statistically significant regression equations is intended for use in the valuation practice.

About the Authors

N. Yu. Trifonov
Belarus State Economic University
Belarus
Trifonov Nikolai Yurievich – PhD (Phys.-Math.), Docent, Honorary Appraiser of the Republic of Kazakhstan, Associate Professor of Belarus State Economic University, Chairman of the Belarusian Society of Valuers.


V. A. Livinskaya
Belarusian-Russian University
Belarus
Livinskaya Victoriya Аlexandrovna – PhD (Phys.-Math.), Docent.


V. V. Korzhukov
Belarusian-Russian University
Belarus
Korzhukov Vladimir Vitalievich – Junior Software Test Automation Engineer at EPAM Systems, undergraduate in «System Analysis and Information Processing Management».


References

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2. Trifonov, N. Yu. Theory of valuation: tutorial / N. Yu. Trifonov. – Minsk: Vysheyshaya shkola, 2017. – 208 p.

3. Trifonov, N. Description of vehicles’ accumulated depreciation by financial mathematics techniques / N. Trifonov,

4. S. Skrygan // Belarusian Economic Journal. – 2014. – № 3. – P. 133–143.

5. Trifonov, N. Yu. The use of regression analysis in a comparative approach to real estate valuation in transition economy /

6. N. Yu. Trifonov, S.A. Shimanovsky // Accounting and Analysis. – 2002. – № 4. – P. 44–52.

7. Livinskaya V.A. Use of fictitious variables in applied regression analysis of the secondary car market / Livinskaya V.A., Chegerova T. I. // State and law: actual problems of legal consciousness formation: collection of articles of the II International scientific and practical conference, November 30, 2018. – Mogilev: Kuleshov Mogilev State University, 2019. – P. 36–39.


Review

For citations:


Trifonov N.Yu., Livinskaya V.A., Korzhukov V.V. Regression model for car valuation based on internet data parsing. «System analysis and applied information science». 2020;(2):4-9. (In Russ.) https://doi.org/10.21122/2309-4923-2020-2-4-9

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ISSN 2309-4923 (Print)
ISSN 2414-0481 (Online)