Abstract
The purpose of this paper is to develop a fuzzy model of the risk assessment for environmental start-up projects in the air transport sector at the stage of business expansion. The model developed for the following software will be a useful tool for the risk decision support system of investment funds in financing environmental start-up projects at the stage of market conquest. Developing a quantitative risk assessment for environmental start-up projects for the air transport sector will increase the resilience of making risk decisions about their financing by the investors. In this paper, a set of 21 criteria for assessing the risk of launching environmental start-up projects in the air transport sector were formulated for the first time by presenting inputs in the form of a linguistic risk assessment and the number of credible expert considerations. The fuzzy risk assessment model, based on expert knowledge, uses linguistic variables, reveals the uncertainty of the input data, and displays a risk assessment with linguistic interpretation. The result of the paper is a fuzzy model that is embedded in a generalized algorithm and tested in an example risk assessment of environmental start-up projects in the air transport sector.
Highlights
In today’s globalized economy, transport is tasked with overcoming longer distances, while becoming more reliable and environmentally friendly
We offer a set of criteria for forecasting the potential risks of environmental start-up projects in the air transport sector
The results of the research were tested for an example of the risk assessment of environmental start-up projects in air transport
Summary
In today’s globalized economy, transport is tasked with overcoming longer distances, while becoming more reliable and environmentally friendly. The transport sectors must do their utmost to minimize transport costs [1] and to develop green/environmentally friendly transport [2,3]. There was a tendency to increase the number of air flights, which has a negative impact on environmental pollution. Attention is paid to the need for environmentally friendly. Res. Public Health 2019, 16, 3573; doi:10.3390/ijerph16193573 www.mdpi.com/journal/ijerph
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