• DocumentCode
    2085631
  • Title

    Investment Risk Assessment and Control in Tourism Project Based on Portfolio Theory

  • Author

    Xu, Xu-Song ; Chen, Mei

  • Author_Institution
    Econ. & Manage. Sch., Wuhan Univ., Wuhan, China
  • fYear
    2009
  • fDate
    20-22 Sept. 2009
  • Firstpage
    1
  • Lastpage
    4
  • Abstract
    By applying mean variance model and CAPM model of modern portfolio theory, the paper constructs portfolio risk decision making model in tourism project. Then, we assess investment risk in tourism project by combining the model with present situation of tourism investment in China. The analysis provides proof for enterprises when making risk controlling strategies in tourism project investment.
  • Keywords
    decision theory; investment; risk management; travel industry; CAPM model; investment risk; investment risk assessment; mean variance model; modern portfolio theory; portfolio risk decision making model; produced capital asset pricing model; risk control strategy; tourism investment; tourism project; Decision making; Investments; Portfolios; Pricing; Project management; Risk analysis; Risk management;
  • fLanguage
    English
  • Publisher
    ieee
  • Conference_Titel
    Management and Service Science, 2009. MASS '09. International Conference on
  • Conference_Location
    Wuhan
  • Print_ISBN
    978-1-4244-4638-4
  • Electronic_ISBN
    978-1-4244-4639-1
  • Type

    conf

  • DOI
    10.1109/ICMSS.2009.5301504
  • Filename
    5301504