Andrii Rosynskyi

Kyiv national university of construction and architecture

CV: Teaching Assistant at the Department of Construction Economics; Ph.D. Student in Economics; M.S. in Construction and Civil Engineering.

Presentation title: Economic potential growth of development company through fuzzy set theory utilization in real estate price management

Abstract: Task of rational and effective profit maximization, and therefore economic potential growth of real estate development company, is by its nature too complex and multifaceted to use only precise and clearly expressed models and algorithms for its solution. Range of initial data affecting development company profit is vague and subjective, as it depends on human thinking, approximate nature of inference and its linguistic description. Therefore, purpose of this study is to analyze and determine the set of factors that affect real estate price from development company side, and use it to build a multifactor fuzzy model of real estate price, which can be used in real time throughout the entire project development cycle.