Multistage decision-making fuzzy methodology for optimal investments based on experts’ evaluations

A new methodology of making a decision on an optimal investment in several projects is proposed. The methodology is based on experts’ evaluations and consists of three stages. In the first stage, Kaufmann’s expertons method is used to reduce a possibly large number of applicants for credit. Using the combined expert data, the credit risk level is determined for each project. Only the projects with low risks are selected.

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Year of publication:	2014
Authors:	Sirbiladze, Gia ; Khutsishvili, Irina ; Ghvaberidze, Bezhan
Published in:	European Journal of Operational Research. - Elsevier, ISSN 0377-2217. - Vol. 232.2014, 1, p. 169-177
Publisher:	Elsevier
Subject:	Risk analysis \| Optimal investment \| Experton \| Discrimination measure \| Bicriteria discrete optimization problem

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Type of publication:	Article
Source:	RePEc - Research Papers in Economics

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