Quantum-Enhanced Multi-Criteria Group Decision-Making for Real Estate Investment Prioritization in Prishtina

Session

Management Business and Economics

Description

This study-in-progress proposes a quantum-based multi-criteria group decisionmaking (MCGDM) framework for prioritizing real estate investment (REI) opportunities in Prishtina, Kosovo—a transitional urban market marked by uncertainty, conflicting stakeholder priorities, and limited data reliability. Drawing from recent developments in Pythagorean linguistic numbers (PLNs), we adapt a quantum scenario-based Bayesian network (QSBN) and integrate belief entropy to model the uncertainty and subjectivity in stakeholder judgments. The framework enables experts (e.g., investors, urban planners, appraisers) to express varying confidence levels and conflicting evaluations in REI decisions. A customized version of the MULTIMOORA method will be employed to consolidate investment alternatives and compute a probabilistic ranking of locations and strategies under uncertainty. Preliminary stakeholder interviews and simulation design are underway. The research aims to contribute a contextsensitive decision-support system that addresses both cognitive ambiguity and socio-economic complexity in Prishtina’s evolving real estate landscape. Future work will refine the criteria set and test the model through a pilot evaluation of strategic investment zones.

Keywords:

Real Estate Investment, Prishtina, MCGDM, Pythagorean Linguistic Sets, Quantum Probability, MULTIMOORA, Decision-Making Under Uncertainty, Belief Entropy

Proceedings Editor

Edmond Hajrizi

ISBN

978-9951-982-41-2

Location

UBT Lipjan, Kosovo

Start Date

25-10-2025 9:00 AM

End Date

26-10-2025 6:00 PM

DOI

10.33107/ubt-ic.2025.392

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Oct 25th, 9:00 AM Oct 26th, 6:00 PM

Quantum-Enhanced Multi-Criteria Group Decision-Making for Real Estate Investment Prioritization in Prishtina

UBT Lipjan, Kosovo

This study-in-progress proposes a quantum-based multi-criteria group decisionmaking (MCGDM) framework for prioritizing real estate investment (REI) opportunities in Prishtina, Kosovo—a transitional urban market marked by uncertainty, conflicting stakeholder priorities, and limited data reliability. Drawing from recent developments in Pythagorean linguistic numbers (PLNs), we adapt a quantum scenario-based Bayesian network (QSBN) and integrate belief entropy to model the uncertainty and subjectivity in stakeholder judgments. The framework enables experts (e.g., investors, urban planners, appraisers) to express varying confidence levels and conflicting evaluations in REI decisions. A customized version of the MULTIMOORA method will be employed to consolidate investment alternatives and compute a probabilistic ranking of locations and strategies under uncertainty. Preliminary stakeholder interviews and simulation design are underway. The research aims to contribute a contextsensitive decision-support system that addresses both cognitive ambiguity and socio-economic complexity in Prishtina’s evolving real estate landscape. Future work will refine the criteria set and test the model through a pilot evaluation of strategic investment zones.