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A Model to Support the Decision to Invest in Bare Dominium

  • Benedetto Manganelli
Part of the Lecture Notes in Computer Science book series (LNCS, volume 8581)

Abstract

This study focuses on the market of property subject to lifelong usufruct in Italy. This type of investment or disinvestment has found more widespread than in the past because of the difficulties related to the current economic conditions that adversely affect the disposable income and access to credit of households. This paper develops a Decision Tree Analysis model to support a decision to invest in bare dominium. The model is perfectly suited to the analysis of this investment, since it is able to treat the specific risk that characterizes it that is connected to the life expectancy of the usufructuary.

Keywords

Bare dominium Decision tree Property investment Real estate valuation 

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Copyright information

© Springer International Publishing Switzerland 2014

Authors and Affiliations

  • Benedetto Manganelli
    • 1
  1. 1.University of BasilicataPotenzaItaly

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