Open figure viewer
Purpose
The purpose of this paper is to describe the way real estate data collection and dissemination can be improved.
Design/methodology/approach
The paper investigates that how information entropy fits into real estate research and data using Kelly betting as a framework.
Findings
Availability of real estate data is constrained by a host of impediments, paywalls and other archaic practices that limit the way it can be used to make worthwhile progress in the field.
Practical implications
Real-estate data will become available. Those who try to keep data close and restrict their common use will become irrelevant.
Originality/value
Entropy indicates uncertainty and chaos. Using this highly developed and respected area of science as context one can see how real estate research suffers from its present mindset.
© Emerald Publishing Limited
2017
Emerald Publishing Limited
Licensed re-use rights only
You do not currently have access to this content.
