Title :
Investment Decision-making Method of Real Estate Project Based on Grey Correlation and TOPSIS
Author :
Hu, Gao ; Tan, Jie
Author_Institution :
Bus. Sch., Central South Univ., Changsha, China
Abstract :
In order to grasp the motion law of the system, the grey theory can find the relation among interior factors and main factors which affect object by analyzing the limited data series. This paper presents a new decision-making method based on Grey Correlation and TOPSIS. It develops the traditional TOPSIS. Using case study, this paper proves the effectiveness and feasibility of the new method by analyzing the decision making of real estate project investment.
Keywords :
decision making; grey systems; investment; real estate data processing; TOPSIS; grey correlation; grey theory; investment decision-making method; limited data series; real estate project investment; Correlation; Decision making; Euclidean distance; Indexes; Investments; Marketing and sales; Technique for Order Preference by Similarity to Ideal Solution (TOPSIS); grey correlation degree; investment of real estate;
Conference_Titel :
E-Business and E-Government (ICEE), 2010 International Conference on
Conference_Location :
Guangzhou
Print_ISBN :
978-0-7695-3997-3
DOI :
10.1109/ICEE.2010.392
