Performance Evaluation of Real Estate Investment Trusts using a Hybridized Interval Type-2 Fuzzy AHP-DEA Approach: The Case of Borsa Istanbul

Basit Öğe Kaydı
dc.authoridTatoglu, Ekrem/0000-0002-9119-3252
dc.authoridYilmaz, Mustafa Kemal/0000-0001-6036-0559
dc.authoridKusakci, Ali Osman/0000-0003-1411-0369
dc.contributor.authorYilmaz, Mustafa Kemal
dc.contributor.authorKusakci, Ali Osman
dc.contributor.authorTatoglu, Ekrem
dc.contributor.authorIcten, Orkun
dc.contributor.authorYetgin, Feyzullah
dc.date.accessioned2024-09-11T19:52:06Z
dc.date.available2024-09-11T19:52:06Z
dc.date.issued2019
dc.departmentİstanbul Gelişim Üniversitesien_US
dc.description.abstractThis study proposes a three-stage holistic methodology combining an interval type-2 fuzzy analytical hierarchy process (IT2F-AHP) and data envelopment analysis (DEA) to deal with the performance evaluation problems encountered in fuzzy decision environments. In the first stage, prospective inputs and outputs are determined by field studies. The second stage employs IT2F-AHP to identify the most appropriate performance indicators based on vague expert judgements. Finally, DEA is applied to the decision-making units (DMIJs) based on the selected set of input and output measures. The proposed methodology proves its merit on a case study addressing the performance of real estate investment trusts (REITs) in Turkey during their 10-year journey of trading on Borsa Istanbul (BIST). The results demonstrate that the average scores for technical, pure technical and scale efficiencies are 66%, 80% and 80%, respectively. Considering the technical efficiency scores, Turkish REITs could have reduced their input factors by an average of 34%. The findings also reveal that the majority of Turkish REITs suffer from economies of scale and could have improved their performance by expansion.en_US
dc.identifier.doi10.1142/S0219622019500354
dc.identifier.endpage1820en_US
dc.identifier.issn0219-6220
dc.identifier.issn1793-6845
dc.identifier.issue6en_US
dc.identifier.scopus2-s2.0-85076230041en_US
dc.identifier.startpage1785en_US
dc.identifier.urihttps://doi.org/10.1142/S0219622019500354
dc.identifier.urihttps://hdl.handle.net/11363/7910
dc.identifier.volume18en_US
dc.identifier.wosWOS:000500955600003en_US
dc.identifier.wosqualityQ2en_US
dc.indekslendigikaynakWeb of Scienceen_US
dc.language.isoenen_US
dc.publisherWorld Scientific Publ Co Pte Ltden_US
dc.relation.ispartofInternational Journal of Information Technology & Decision Makingen_US
dc.relation.publicationcategoryMakale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanıen_US
dc.rightsinfo:eu-repo/semantics/closedAccessen_US
dc.snmz20240903_Gen_US
dc.subjectData envelopment analysisen_US
dc.subjectinterval type-2 fuzzy analytical hierarchy processen_US
dc.subjectperformance evaluationen_US
dc.subjectreal estate investment trustsen_US
dc.subjectTurkeyen_US
dc.titlePerformance Evaluation of Real Estate Investment Trusts using a Hybridized Interval Type-2 Fuzzy AHP-DEA Approach: The Case of Borsa Istanbulen_US
dc.typeArticleen_US

Dosyalar

Orijinal paket
Listeleniyor 1 - 1 / 1
Küçük Resim
İsim:
Makale / Article
Boyut:
2.39 MB
Biçim:
Adobe Portable Document Format
İndir

Koleksiyon

WoS İndeksli Yayınlar Koleksiyonu
Scopus İndeksli Yayınlar Koleksiyonu