Merit-Based Investment Decision-Making Based on TOPSIS Method

摘要：

Selecting a better program from a number of projects has a decisive role in investment decision-making, so the research program for the optimization project is of great significance to investment decision-making. This paper,merit-based on transforming investment decision-making into a multi-objective optimization problem, considers the investment decision-making of the main technical economic indicators of Profit Rate of Investment, Payback Period, Financial Net Present Value and Financial Internal Rate of Return. It establishes optimization model for investment decision-making, from the best overall optimal projects point of view, empowers the weight of indicators through Delphi method and solves the model by using multi-objective decision-making methods (TOPSIS method). Finally the paper shows the practicality of the model through the analysis to the example.

关键词： multi-objective optimization TOPSIS scheme optimization technical and economic indicators

作者: CHEN Jian JIANG Lili HU Zhongfei

作者单位: Department of Construction and Real Estate,Harbin Institute of Technology, Harbin China Department of Construction and Real Estate,Academe of Management Harbin Institute of Technology, Har Department of Construction and Real Estate, Academe of Management Harbin Institute of Technology, Ha

会议类型: 国际会议

会议名称: 2009 International Conference on Construction & Real Estate Management(2009建设与房地产管理国际会议)

会议地点: 北京

会议语种:英文

页码: 1396-1399

在线出版日期: 2009-11-05（万方平台首次上网日期，不代表论文的发表时间）