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To Measure the Risk of Projects Financed from Structural Funds by a Fuzzy Logic System
International Journal of Finance and Banking Research
Volume 2, Issue 6, December 2016, Pages: 193-203
Received: Oct. 16, 2016; Accepted: Nov. 7, 2016; Published: Jan. 10, 2017
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Jianqiang Sun, College of Computer and Information Technology, China Three Gorges University, Yichang, China
Xingyu Chai, College of Economics and Management, China Three Gorges University, Yichang, China
Fenggang Zhang, College of Computer and Information Technology, China Three Gorges University, Yichang, China
Zhengying Cai, College of Computer and Information Technology, China Three Gorges University, Yichang, China
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To measure the risk of projects financed from structural funds is very difficult because there involved a great number of risks during the whole project process. Accordingly, a fuzzy logic system was applied to measure the risk of projects financed from a structural fund. First, the systematic structure of risk is also investigated, and the risk activities are analyzed for reflecting the finance problems, where the financing risk consists of basic risk element, project risk, and financing agreement in the second level. Second, a fuzzy risk measurement method is illustrated for risk management of projects. For each systematic part, the fuzzy logic system can be used to analyze and quantify different risks. At last, an experimental analysis was presented to verify the proposed model and some practical instructions are also indicated, as well as some interesting conclusions and future research directions.
Projects Financed, Structural Funds, Fuzzy Logic System, Minimax
To cite this article
Jianqiang Sun, Xingyu Chai, Fenggang Zhang, Zhengying Cai, To Measure the Risk of Projects Financed from Structural Funds by a Fuzzy Logic System, International Journal of Finance and Banking Research. Vol. 2, No. 6, 2016, pp. 193-203. doi: 10.11648/j.ijfbr.20160206.12
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