Title :
A systematic approach to evaluate funds based on fuzzy FWA method
Author :
Mao, Yali ; Liu, Xuan ; Chen, Yizeng ; Mao, Yali ; Liu, Xuan ; Chen, Yizeng
Abstract :
It is important to establish a systematic and effective approach to evaluating funds for both the investors and the managers of funds. However, evaluation of funds involves with significant uncertainty associated with the experts´ judgments. To deal with the problem, fuzzy set theory is employed to model experts´ subjective judgment, based on which a fuzzy FWA method is formulated for the evaluation of funds by considering the risk, the profitability, the consistency and the fund manager´s performance. Empirical results show that the proposed approach is reasonable and effective.
Keywords :
Economics; Educational institutions; Investments; Pricing; Risk management; Security; Systematics; fund evaluation; fuzzy FWA method; triangular fuzzy number;
Conference_Titel :
E -Business and E -Government (ICEE), 2011 International Conference on
Conference_Location :
Shanghai, China
Print_ISBN :
978-1-4244-8691-5
DOI :
10.1109/ICEBEG.2011.5881270
