Modeling the Go /No-Go Investment Decision for China’s PPP Projects Based on Fuzzy Preference Relations
| Autor: | Jie Yu, Chuan Chen, Tengteng Yan |
|---|---|
| Rok vydání: | 2017 |
| Předmět: |
Process (engineering)
05 social sciences ComputerApplications_COMPUTERSINOTHERSYSTEMS 010501 environmental sciences Investment (macroeconomics) 01 natural sciences Fuzzy logic Preference Microeconomics Market economy Investment decisions Go/no go 0502 economics and business Business China Decision model 050203 business & management 0105 earth and related environmental sciences |
| Zdroj: | DEStech Transactions on Social Science, Education and Human Science. |
| ISSN: | 2475-0042 |
| Popis: | PPP model has been used more and more widely in China's infrastructure industry. For project investors, go/no-go investment decision is critical, it may bring investors income or loss. However, the current investment decision-making process in the private capital side is unstructured. This paper identifies the factors that influence the decision-making of PPP projects in China and establishes a hierarchical structure covering government-related, investor-related, project-related and environment-related factors. Based on these influencing factors and the Fuzzy Preference Relations (FPR), this paper establishes a go/no-go decision model based on the investor's perspective in China to help investors make reliable and reasonable investment decisions. |
| Databáze: | OpenAIRE |
| Externí odkaz: |
|