Multi-objective fuzzy optimal selection decision-making of real estate investment risk
Real estate investment is of great profit,and also of high-risk. How to select the real estate investment project that has low risk and great profit is the target of multi-objective optimal selection decision- making method. Fuzzy mathematics has been widely applied to multi-objective optimal selection decision-making. This paper puts forward a method for the multi-objective fuzzy optimal selection decision- making of real estate investment risk based on fuzzy set theory. It aims to find out the solution of optimization which corresponds best to the superiority in the decision-making set. A case of deciding which plot is to be industrial product wholesale centre and which to be advanced commerce office building in a provincial capital is studied in this paper. The targets include large expected net present value (ENPV),high risk profitability (R<*>) and low value at-risk (F<*>). The result based on the multi-objective fuzzy optimal selection decision- making theory is rational. Just as we cant deify the computer,output is surely waste if waste is input,Fuzzy optimal selection decision-making only solves multi-objective optimal selection problem. If incorrect eigenvalue is input,output is surely incorrect.
real estate investment risk fuzzy optimal selection decision-making
Chen Qingqiu Liu Li
School of Economics & Commerce,South China University of Technology,Guangzhou 510006,China School of Environmental Science & Engineering,South China University of Technology,Guangzhou 510006,
国际会议
The First International Conference on Management Innovation(ICMI 2007)(管理创新会议)
上海
英文
997-1001
2007-06-04（万方平台首次上网日期，不代表论文的发表时间）