An Application of Fuzzy Expert Systems to Strategic Investments: The Case of Florim S.P.A.

International ICSC Symposia on Soft Computing (SOCO2001) and Intelligent Systems for Industry (ISFI 2001), June 26-29, 2001, Paisley, Scotland, UK

9 Pages Posted: 15 Sep 2009

See all articles by Gisella Facchinetti

Gisella Facchinetti

Università degli studi di Modena e Reggio Emilia (UNIMORE) - Faculty of Business and Economics

Carlo Alberto Magni

Università degli studi di Modena e Reggio Emilia (UNIMORE) - School of Doctorate E4E (Engineering for Economics-Economics for Engineering)

Giovanni Mastroleo

Università degli Studi della Calabria

Marina Vignola

Università degli studi di Modena e Reggio Emilia (UNIMORE)

Date Written: June 26, 2001

Abstract

This paper makes use of a fuzzy expert system to evaluate a strategic investment. In particular, the model proposed aims at replicating the actual decision process accomplished by Florim S.p.a., an Italian ceramic tile firm which recently had the opportunity of buying a firm in the USA. The model is perfectly consistent with the evaluation process conducted by Florim’s experts and on the basis of the same data available to the expert’s panel, our expert system provides the same investment value and therefore the same solution to the decision process.

Keywords: strategic investments, fuzzy expert system, investment value

JEL Classification: G11, G31, C63, C67, C88

Suggested Citation

Facchinetti, Gisella and Magni, Carlo Alberto and Mastroleo, Giovanni and Vignola, Marina, An Application of Fuzzy Expert Systems to Strategic Investments: The Case of Florim S.P.A. (June 26, 2001). International ICSC Symposia on Soft Computing (SOCO2001) and Intelligent Systems for Industry (ISFI 2001), June 26-29, 2001, Paisley, Scotland, UK, Available at SSRN: https://ssrn.com/abstract=1473008 or http://dx.doi.org/10.2139/ssrn.1473008

Gisella Facchinetti

Università degli studi di Modena e Reggio Emilia (UNIMORE) - Faculty of Business and Economics ( email )

Viale Berengario 51
41100 Modena, Modena 41100
Italy

Carlo Alberto Magni (Contact Author)

Università degli studi di Modena e Reggio Emilia (UNIMORE) - School of Doctorate E4E (Engineering for Economics-Economics for Engineering) ( email )

Italy

Giovanni Mastroleo

Università degli Studi della Calabria ( email )

Italy

Marina Vignola

Università degli studi di Modena e Reggio Emilia (UNIMORE) ( email )

Viale A. Allegri 9
Modena, Modena 42121
Italy

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