Title :
Risk Evaluation of Real Estate Based on AHM and Fuzzy Set
Author :
Li, Yancang ; Suo, Juanjuan
Author_Institution :
Coll. of Civil Eng., Hebei Univ. of Eng., Handan, China
Abstract :
In order to find an effective method to deal with the uncertainty of the risk evaluation of real estate investment, a new method based on the AHM (Analytic hierarchical model) and the fuzzy comprehensive evaluation was proposed. After the establishment of the evaluation system, the AHM was employed to determine the weight of every index, and the value of the risk was obtained by using the fuzzy set. Engineering practice and comparison with other existing methods showed the rationality of the method. This study provides a promising approach for the risk evaluation of real estate investment and has significance in theory and practice for the risk management of investment.
Keywords :
fuzzy set theory; investment; real estate data processing; risk analysis; analytic hierarchical model; fuzzy comprehensive evaluation; fuzzy set; real estate investment risk evaluation; risk management; Decision making; Educational institutions; Environmental economics; Fuzzy sets; Fuzzy systems; Industrial economics; Investments; Marketing and sales; Risk management; Uncertainty; analytic hierarchical mode; fuzzy set; real estate investment; risk managmentt;
Conference_Titel :
Business Intelligence and Financial Engineering, 2009. BIFE '09. International Conference on
Conference_Location :
Beijing
Print_ISBN :
978-0-7695-3705-4
DOI :
10.1109/BIFE.2009.49
