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Published in:
2011 | OriginalPaper | Chapter
Investigation of Evolving Fuzzy Systems Methods FLEXFIS and eTS on Predicting Residential Prices
Authors : Bogdan Trawiński, Krzysztof Trawiński, Edwin Lughofer, Tadeusz Lasota
Published in: Fuzzy Logic and Applications
Publisher: Springer Berlin Heidelberg
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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.