Property Market Efficiency: Developed or Vacant Property
Bibliographic record
Abstract
Property market efficiency in terms of adequate supply of land for proper use will have a strong impact on the value of urban real estate. Land supply plays an important role in providing space for housing which also includes meeting the demands of the commercial and industrial sectors. Hence, the distribution of urban land for development will affect the structural development of a city. Meanwhile, the existence of vacant urban land can lead to an unbalanced real estate development. This paper therefore aims to examine property efficiency relationship between real estate ability and the development process. Literature review from previous studies suggests that it is possible to examine property market efficiency. The term ‘efficiency’ has been viewed from different perspectives of theories or approaches by various researchers. Interestingly, many researchers have tried to examine property efficiency issues from the conventional approach until the emergence of the need to provide an alternative economic institutional approach. Institutionalisms consider rules, policy and organisations and the way these may govern agents’ social relations and their attitudes in the society. It means the major role of institutions in a society is to reduce uncertainty by establishing a stable structure to human interaction.
Fetched live from OpenAlex and de-inverted. Abstracts are not stored in this database: the inverted indexes are 8.6 GB of the frame’s 9.3 GB of text, and the host has 13 GB free.
How this classification was reachedexpand
Full frame machine prediction
Teacher imitationNot calibrated prevalence, not ground truth. Human validation pending. The Gemma side is a direct model label for every work in the frame, read from the title-only record. The Codex side is a classifier learned from the 10,348 direct Codex labels and calibrated to design-weighted sample rates; fields without enough sample support carry no Codex call. Candidate is the union of the two sides; consensus is their intersection. These outputs are machine_predicted_unvalidated and are not human labels.
Distilled classifier scores by category (both heads)
| Category | Codex | Gemma |
|---|---|---|
| Metaresearch | 0.001 | 0.006 |
| Meta-epidemiology (narrow) | 0.000 | 0.000 |
| Meta-epidemiology (broad) | 0.000 | 0.000 |
| Bibliometrics | 0.002 | 0.003 |
| Science and technology studies | 0.000 | 0.004 |
| Scholarly communication | 0.004 | 0.006 |
| Open science | 0.001 | 0.001 |
| Research integrity | 0.001 | 0.001 |
| Insufficient payload (model declined to judge) | 0.011 | 0.001 |
Machine scores (provisional)
The two teacher heads of the student model, read on this work. A score orders the frame for review; it never asserts a category, and the validation status ships verbatim with every row.
Baseline scores from an immature model (maturity gate not passed, 7 training rounds). Scores rank; they never assert a category.
score_only:v0-immature-baseline · verbatim from the scoring run: score_only means the number may rank works, and no category label ships from itClassification
machine, unvalidatedMachine predicted; a candidate call from one source (direct Gemma or distilled Codex), not a consensus.
How this classification was reached, model by model and score by score, is at the end of the page under "How this classification was reached".