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

fYear

2009

fDate

24-26 July 2009

Firstpage

175

Lastpage

178

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;

fLanguage

English

Publisher

ieee

Conference_Titel

Business Intelligence and Financial Engineering, 2009. BIFE '09. International Conference on

Conference_Location

Beijing

Print_ISBN

978-0-7695-3705-4

Type

conf

DOI

10.1109/BIFE.2009.49

Filename

5208908