Title :
Invest project risk assessment based on joint entropy model
Author :
Wang, Hua ; Zhao, Li-ming ; Li, Yong
Author_Institution :
Sch. of Manage., Shenyang Univ. of Technol., Shenyang, China
Abstract :
In recent years, the study of sensitivity analysis most lay emphasis on linear analysis methods, without taking into account the nonlinear characteristics of the various uncertainties factors, and only consider sensitivity entropy is not enough, that the probability is another side. this paper makes a comprehensive analysis of the investment projects risk factors sensitive entropy and risk occurrence probability entropy to determine the joint entropy of the right for the investment project evaluation index, it builds up a sensitivity analyze model and probability analyze model to get the joint entropy in random environments. In the end, it also supplies a multi-scheme evaluation decision- making model.
Keywords :
entropy; investment; probability; project management; risk management; sensitivity analysis; invest project risk assessment; investment project evaluation index; joint entropy model; multischeme evaluation decision- making model; probability analyze model; risk factors sensitive entropy; risk occurrence probability entropy; sensitivity analysis; sensitivity analyze model; Investments; Project; invest risk; joint entropy; probability; sensitivity;
Conference_Titel :
Industrial Engineering and Engineering Management (IE&EM), 2010 IEEE 17Th International Conference on
Conference_Location :
Xiamen
Print_ISBN :
978-1-4244-6483-8
DOI :
10.1109/ICIEEM.2010.5646649