• DocumentCode
    2930271
  • Title

    Grey assessment and prediction of the financial agglomeration degree in central five cities

  • Author

    Li Li ; Hu Guo-hui

  • Author_Institution
    Sch. of Econ., Wuhan Univ. of Technol., Wuhan, China
  • fYear
    2013
  • fDate
    15-17 Nov. 2013
  • Firstpage
    187
  • Lastpage
    190
  • Abstract
    According to the diversity of evaluating indexes and the uncertainty of financial agglomeration, this paper constructs a set of indexes of evaluating the financial agglomeration degree, and comprehensively evaluates the financial agglomeration degree of five cities: Wuhan, Changsha, Zhengzhou, Nanchang and Hefei-in, China´s middle region from 2001 to 2010 by using the multiple dimension grey fuzzy decision making model. It also predicts their development tendency by using the GM (1,1, β) model. The results shows that the multiple dimension grey fuzzy decision making pattern can not only be used to determine the weights of evaluating indexes, but also get the fuzzy partition and ranking order of the financial agglomeration in the central five cities. The grey prediction results can objectively reflect the development tendency of the financial agglomeration in the central five cities.
  • Keywords
    decision making; financial management; fuzzy set theory; grey systems; Changsha; China´s middle region; GM (1,1, β) model; Hefei-in; Nanchang; Wuhan; Zhengzhou; evaluating index weights; financial agglomeration degree; fuzzy partition; grey prediction; multiple dimension grey fuzzy decision making model; multiple dimension grey fuzzy decision making pattern; ranking order; Banking; Cities and towns; Decision making; Economics; Indexes; Predictive models; Financial Agglomeration; Fuzzy Decision Making; Grey Assessment And Prediction; Weight;
  • fLanguage
    English
  • Publisher
    ieee
  • Conference_Titel
    Grey Systems and Intelligent Services, 2013 IEEE International Conference on
  • Conference_Location
    Macao
  • ISSN
    2166-9430
  • Print_ISBN
    978-1-4673-5247-5
  • Type

    conf

  • DOI
    10.1109/GSIS.2013.6714762
  • Filename
    6714762