2020
DOI: 10.3390/math8081308
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Assessment of Rough Set Theory in Relation to Risks Regarding Hydraulic Engineering Investment Decisions

Abstract: Rough set theory is a mathematics tool specifying imperfection and uncertainty. Based on the knowledge theory of the rough set, the numerical values of some features or attributes are not required. Through data reduction, this article analyzes the investment decision of hydraulic engineering and obtains the following by reduction: i. when the construction expense of the hydraulic engineering is low, but the financial income is high, the investment in the construction project can be selected; ii. when the expen… Show more

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Cited by 13 publications
(6 citation statements)
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“…In particular, the considered data set concerns eight project evaluations described using the attributes construction expense (CE), financial income (FI), strategy benefit (SB), and external influence (EI) in order to decide whether to make an investment (I), a delayed investment (DI) or no investment (NI) in each project. This data set was introduced in [30] and is represented in Table 7, where every unit corresponds to 10,000 yuan. This data set was analyzed from an RST perspective in [30] and was studied in the fuzzy framework in [13].…”
Section: A Toy Examplementioning
confidence: 99%
See 1 more Smart Citation
“…In particular, the considered data set concerns eight project evaluations described using the attributes construction expense (CE), financial income (FI), strategy benefit (SB), and external influence (EI) in order to decide whether to make an investment (I), a delayed investment (DI) or no investment (NI) in each project. This data set was introduced in [30] and is represented in Table 7, where every unit corresponds to 10,000 yuan. This data set was analyzed from an RST perspective in [30] and was studied in the fuzzy framework in [13].…”
Section: A Toy Examplementioning
confidence: 99%
“…This data set was introduced in [30] and is represented in Table 7, where every unit corresponds to 10,000 yuan. This data set was analyzed from an RST perspective in [30] and was studied in the fuzzy framework in [13]. Now, we use that study to obtain the decision rules considered to decide on the investment in a new project.…”
Section: A Toy Examplementioning
confidence: 99%
“…Consequently, the decision-making system takes on the features of generalization and constitutes an effective and intelligent data processing tool. RST proposes to replace an imprecise concept with a pair of precise concepts, called the lower and upper approximation of this concept [69]. The difference between the upper and lower approximations is precisely the boundary area to which all cases belong that cannot be correctly classified on the basis of current knowledge.…”
Section: S U Av F =mentioning
confidence: 99%
“…Ye et al [18] proposed a novel multi-level coarse set model (MLRS) based on attribute value taxonomies (AVT) and a complete subtree promotion scheme for mining data with attribute value classification. Qu et al [19] mined the investment decision knowledge of water projects through rough set theory for investment risk assessment. Agarwal et al [20] used rough sets for the mining grinding process to investigate the effect of its various input parameters on the response.…”
Section: Introductionmentioning
confidence: 99%