Research on Early Stage Investment Decision of Real Estate Project Based on Grey System Theory

2021 ◽  
Author(s):  
Fengyu Ma ◽  
Hang Yan ◽  
Lekun Lian
2011 ◽  
Vol 368-373 ◽  
pp. 1278-1283
Author(s):  
Qian Li ◽  
Run Qiang Chen ◽  
Rong Bai

In our real estate enterprises, the rapid growth and lopsided organization structure have become the obstacle for the development. This paper regards real estate enterprise as the research object. Based on the foundation of substantive investigation and expert consultation,considering the practical situation of real estate enterprise, following the basic principles of index system design of organization structure adaptability evaluation, this paper constructs an index system of organization structure adaptability of real estate enterprise evaluation. Combining AHP, Grey System Theory and concrete examples, this paper works out the evaluation grade of organization structure adaptability of real estate enterprise.


2019 ◽  
Vol 10 (9) ◽  
pp. 852-860
Author(s):  
Mahmoud Elsayed ◽  
◽  
Amr Soliman ◽  

Grey system theory is a mathematical technique used to predict data with known and unknown characteristics. The aim of our research is to forecast the future amount of technical reserves (outstanding claims reserve, loss ratio fluctuations reserve and unearned premiums reserve) up to 2029/2030. This study applies the Grey Model GM(1,1) using data obtained from the Egyptian Financial Supervisory Authority (EFSA) over the period from 2005/2006 to 2015/2016 for non-life Egyptian insurance market. We found that the predicted amounts of outstanding claims reserve and loss ratio fluctuations reserve are highly significant than the unearned premiums reserve according to the value of Posterior Error Ratio (PER).


2000 ◽  
Vol 11 (1) ◽  
pp. 34-36 ◽  
Author(s):  
Wang Jing ◽  
Hou Yuesong ◽  
Li Weilin ◽  
Cheng Wenhui

2017 ◽  
Vol 7 (2) ◽  
pp. 259-271 ◽  
Author(s):  
Medha Pirthee

Purpose The purpose of this paper is to understand the trend and forecast the number of tourists from different regions of the world to Mauritius. Design/methodology/approach The paper adopts two grey system models, the even model GM(1,1) and the non-homogeneous discrete grey model (NDGM), to forecast the total number of international tourism to Mauritius and its structure from different regions tourist arrivals to Mauritius for the next three years. Grey system theory models were used to account for uncertainties and the dynamism of the tourism sector environment. The two models were applied as a comparison to obtain more reliable forecasting figures. Findings The results demonstrate that both of the grey system models can be successfully applied with high accuracy for Mauritian tourism prediction, and also the number of tourist arrivals to Mauritius shows a continued augmentation for the upcoming years. Practical implications Forecasting is meaningful since the Government of Mauritius, private companies or any concerned authority can adopt the forecasting methods exposed in this paper for the development of the tourism sector through managerial and economic decision making. Originality/value Mauritius is a charming travel destination. Through this paper, it can be seen that future tourism travel to Mauritius has been successfully predicted based on previous data. Moreover, it seems that the grey system theory models have not been utilised yet as forecasting tools for the tourism sector of Mauritius as opposed to other countries such as China and Taiwan.


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