An Application of Grey System Theory into Real Estate Investment Decision-making
نویسندگان
چکیده
Real estate investment decision-making is an important part of project development, which directly affects the risk level of real estate project development and the return on investment size. Real estate investment has features of high risks and high uncertainty. The failure of real estate investment will not only affect the enterprises’ survival and development, and may even affect the entire national economy. Therefore, increasing in scientificity in decision-making of real estate enterprises investment is extremely essential and necessary. Grey system theory (Julong.D 1990) is a new approach to study on little data, uncertainty and poor information. It takes "small samples" and "poor information"
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