The initial investment decision-making of the real estate project is very important. It requires making the right assessment of engineering project risk, then judging the project potential value which is affected by the risk factors. Within this context, fuzzy mathematics is used to assess the levels of income risk and cost risk in the real estate investment, and then adjust the relevant parame...

Standard .nancial techniques neglect extreme situations and regards large market shifts as too unlikely to matter. This approach may account for what occurs most of the time in the market, but the picture it presents does not re2ect the reality, as major events happen in the residual time and investors are ‘surprised’ by ‘unexpected’ market movements. An alternative fuzzy approach permits 2uctu...

We introduce an efficient and dynamic resource allocation mechanism within the framework of a cooperative game with fuzzy coalitions. A fuzzy coalition in a resource allocation problem can be so defined that membership grades of the players in it, are proportional to the fractions of their total resources. We call any distribution of the resources possessed by the players, among a prescribed nu...

Fuzzy equivalents of all the classical capital budgeting (investment choice) methods are generalised or proposed. These equivalents can be used to evaluate and compare projects in which the cash ows, duration time and required rate of return (cost of capital) are given imprecisely, in the form of a fuzzy number. c © 2000 Elsevier Science B.V. All rights reserved.

Although dynamic programming could ideally solve any combinatorial optimization problem, the curse of dimensionality of the search space seriously limits its application to large optimization problems. For example, only few papers in the literature have reported the application of dynamic programming to workforce scheduling problems. This paper investigates approximate dynamic programming to ta...

This article proposes a novel fuzzy technology to support the investment decisions. While choosing among competitive investment projects, this technology provides the selection of projects with minimal crediting risks, makes ranking of chosen projects and then allows to optimally allocate investment amounts between several of them. The technology combines two fuzzy-statistical methods and solut...

one of the most important strategies for governments to increase the efficiency of different economic sectors, including public services such as water, is to protect and strengthen the private sector. bot and boo contracts are among the most common and popular procedures of development of participation and investment from private sector. in this context, providing a good basis for the selection...

In recent years a series of high-profile flagship plant closures and short-lived investment projects across peripheral regions in the United Kingdom provided a stark reminder of the potential fallibility of peripheral region development strategies based upon inward investment. Nevertheless, inward investment promotion remains a common component within the economic development strategies of UK p...