A Model of Multilevel Fuzzy Comprehensive Evaluation for Investment Risk of High and New Technology Project

Author

Li, Yu-Hua ; Hu, Yun-quan

Author_Institution

Sch. of Manage., Harbin Inst. of Technol.

fYear

2006

fDate

13-16 Aug. 2006

Firstpage

1942

Lastpage

1947

Abstract

High and new technology project (HNTP) as a carrier of economic development can transform scientific and technological knowledge into productive forces. HNTP is characterized by being knowledge intensive, high risk and high returns. But, it is quite often a bit difficult to evaluate the investment risk (IR) of HNTP in the traditional qualitative way. So the application of multilevel fuzzy comprehensive evaluation on IR of HNTP has been studied. With hierarchy structure for evaluation index system set up, and the index weight obtained using the fuzzy analytic hierarchy process (FAHP) method, a multilevel fuzzy comprehensive evaluation mathematic model has been established for measuring IR of HNTP

Keywords

economic indicators; fuzzy set theory; investment; risk analysis; FAHP method; HNTP; economic development; evaluation index system; fuzzy analytic hierarchy process; high and new technology project; investment risk; multilevel fuzzy comprehensive evaluation; Conference management; Cybernetics; Decision making; Fuzzy sets; Fuzzy systems; Investments; Knowledge management; Machine learning; Mathematical model; Mathematics; Project management; Risk management; Technology management; Fuzzy analytic hierarchy process (FAHP); fuzzy comprehensive evaluation; high and new technology project (HNTP); investment risk (IR);

fLanguage

English

Publisher

ieee

Conference_Titel

Machine Learning and Cybernetics, 2006 International Conference on

Conference_Location

Dalian, China

Print_ISBN

1-4244-0061-9

Type

conf

DOI

10.1109/ICMLC.2006.259122

Filename

4028383