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Comparison of Classical Multi-Criteria Decision Making Methods with Fuzzy Rule-Based Methods on the Example of Investment Projects Evaluation

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Intelligent Decision Technologies (IDT 2017)

Part of the book series: Smart Innovation, Systems and Technologies ((SIST,volume 39))

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Abstract

In the process of investment decision making, next to financial indicators many other aspects of investment projects are increasingly often considered. This leads to the multi-criteria evaluation of a project. In the work one compared results of multi-criteria evaluation of the investment projects realized by using TOPSIS and AHP methods with results obtained at the use of rule-based methods, especially fuzzy reasoning techniques. To comparisons were used chosen investments in the metallurgical industry. The work finish conclusions defined on the basis carried out calculations.

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Authors and Affiliations

  1. AGH University of Science and Technology, Faculty of Management, Kraków, Poland

    Bogdan Rębiasz & Andrzej Macioł

Authors
  1. Bogdan Rębiasz
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  2. Andrzej Macioł
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Corresponding author

Correspondence to Bogdan Rębiasz .

Editor information

Editors and Affiliations

  1. FCT, Universidade Nova de Lisboa, Caparica, Portugal

    Rui Neves-Silva

  2. Faculty of Education, Science, Technology and Mathematics, University of Canberra, Canberra, Australia

    Lakhmi C. Jain

  3. KES International, Shoreham-by-sea, United Kingdom

    Robert J. Howlett

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Rębiasz, B., Macioł, A. (2015). Comparison of Classical Multi-Criteria Decision Making Methods with Fuzzy Rule-Based Methods on the Example of Investment Projects Evaluation. In: Neves-Silva, R., Jain, L., Howlett, R. (eds) Intelligent Decision Technologies. IDT 2017. Smart Innovation, Systems and Technologies, vol 39. Springer, Cham. https://doi.org/10.1007/978-3-319-19857-6_47

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  • DOI: https://doi.org/10.1007/978-3-319-19857-6_47

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  • Publisher Name: Springer, Cham

  • Print ISBN: 978-3-319-19856-9

  • Online ISBN: 978-3-319-19857-6

  • eBook Packages: EngineeringEngineering (R0)

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