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Model of the Internet mortgage market optimization

Abstrakt

The Internet mortgages are currently a fast growing market, allowing selling mortgages cheaper andfaster than in the traditional methods such as in bank departments.Given the specificity of selling mortgages in the Internet, banks try to sell more mortgages by spendingmore money on advertising and paying higher commission to the brokers selling their products. It is important tooptimise the amounts of money in both sectors (the balance of money for advertising and for brokers) and tocompare these amounts with the level of mortgages can be sold within this period (which is related to theeconomic indicators such as the current level of interest rate, unemployment rate etc.)It is suggested to create a knowledge base rule model defining the Internet mortgage market which willinclude the variables important for the problem (preliminary choice of such indicators the level of commissionthat is paid to the brokers, the current interest rate in the country), restrictions concentrating optimising theamounts of money that will be spend with the correlation to the current possibilities of selling mortgages(defined by the current situation of the economy). The model will be supported with the data from two banks andtwo brokers representing the market.

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Kategoria:
Aktywność konferencyjna
Typ:
publikacja w wydawnictwie zbiorowym recenzowanym (także w materiałach konferencyjnych)
Tytuł wydania:
PAMM, Proceedings in Applied Mathematics and Mechanics, Special Issue: 80th Annual Meeting of the International Association of Applied Mathematics and Mechanics (GAMM), Gdansk 2009 9-13 February strony 581 - 582
Język:
angielski
Rok wydania:
2010
Opis bibliograficzny:
Mieloszyk E., Orłowski A.: Model of the Internet mortgage market optimization// PAMM, Proceedings in Applied Mathematics and Mechanics, Special Issue: 80th Annual Meeting of the International Association of Applied Mathematics and Mechanics (GAMM), Gdansk 2009 9-13 February/ ed. ed. Krzysztof J. Kaliński : Gesellschaft für Angewandte Mathematik und Mechanik (GAMM), 2010, s.581-582
DOI:
Cyfrowy identyfikator dokumentu elektronicznego (otwiera się w nowej karcie) 10.1002/pamm.200910262
Weryfikacja:
Politechnika Gdańska

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