Financial Engineering—A Knowledge Based Buy/Lease Decision Support System
The expanding leasing market - for movables as well as for real estates -, the continuously changing legal and fiscal regulations concerning leasing contracts and the growing awareness of the customers regarding their financial problems emphasize the need for a decision support system to find the optimum financial product for individual problems in this domain. By using default data for the lessor’s side, many of the already existing systems take only the lessee’s point of view into account. Theoretical work in the field of finance showed, however, that for example cooperation of both contract parties can lead to more profitable solutions for lessors and lessees.
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