Title :
Research of Real Estate Investment Risk Evaluation Based on Fuzzy Data Envelopment Analysis Method
Author :
Zhou Shu-jing ; Zhang Zhong-da ; Li Yan-cang
Author_Institution :
Coll. of Civil Eng., Hebei Univ. of Eng., Handan
Abstract :
In order to implement the multiple factors and multi-target assessment of real estate investment risk, a model of real estate investment risk evaluation based on fuzzy DEA method was put forward by using the relatively effective evaluation characteristic of Data Envelopment Analysis (DEA). And the feasibility of this method was verified through an example. This study offers a more rational basis for making decision to real estate investment.
Keywords :
construction industry; data envelopment analysis; fuzzy set theory; investment; risk analysis; DEA method; fuzzy data envelopment analysis method; real estate investment; risk evaluation; Civil engineering; Data engineering; Data envelopment analysis; Decision making; Educational institutions; Environmental economics; Investments; Production; Risk analysis; Risk management; DEA; real estate; relative effectiveness; risk evaluation;
Conference_Titel :
Risk Management & Engineering Management, 2008. ICRMEM '08. International Conference on
Conference_Location :
Beijing
Print_ISBN :
978-0-7695-3402-2
DOI :
10.1109/ICRMEM.2008.113