This paper assesses the different models, in conjunction with the different theories surrounding the
distinction and interdependencies between space- and capital markets. First, the theory of space- and
capital markets is discussed with reference to two models, the FDW and the REEFM models. The FDW
model provides a diagrammatic explanation of the behaviour of the property market, while the REEFM is an
econometric model based on statistical principles that are able to forecast property-market behaviour by
interpreting specific given variables. The REEFM model as the perceived more sophisticated model, untested
in South Africa, was then analysed to test its applicability in the South African context. The findings
confirmed the applicability of the model, although one part is not confirmed and is suggested for further
Since the emergence of systematic science it has been recognized that a natural phenomenon can be described
by different models that vary in their complexity and their ability to capture the details of the features
Olivier, Laurentz Eugene; Craig, Ian K.(Elsevier, 2013-02)
The performance of a model predictive controller depends on the quality of
the plant model that is available. Often parameters in a run-of-mine (ROM)
ore milling circuit are uncertain and inaccurate parameter estimation ...
Sekgota, Mpolaeng Gilbert(University of Pretoria, 2013-05-27)
The Sustainable Restitution Support – South Africa (SRS-SA) program aimed at the development of a post-settlement support model that could be used to support beneficiaries of land reform in South Africa, especially those ...