Published in Scientific Papers. Series "Management, Economic Engineering in Agriculture and rural development", Vol. 19 ISSUE 4
Written by Simona SPÂNU, Marin FLOREA
We have proposed to use the inverse matrix method when calculating the value of the lease right of an agricultural land plot in the context of a methodological approach based on comparing the sale prices of such rights at land auctions for similar land plots. The reflection its use for the determination of rental rights when comparing their sales prices at land auctions using the system of linear algebraic equations provides the application of the quantitative and qualitative analyses to measure differences between comparison elements. The proposed method allows taking into account the qualitative characteristics of the objects of comparison, such as the land plot shape or the presence of restrictions and burdens on its use.
[Read full article] [Citation]