Proceedings of the 2nd International Academic Conference on Blockchain, Information Technology and Smart Finance (ICBIS 2023)

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Investment Decision of Small-Scale Fishing Companies in Scotland Based on Regression Analysis Prediction Method

Authors
Tingting Yan1, *, Long Ma1, Teng Liu2
1School of Science, Shenyang Jianzhu University, Shenyang, 110168, China
2Natural Resources Service Centre, Huludao, 125000, China
*Corresponding author. Email: yantt@sjzu.edu.cn
Corresponding Author
Tingting Yan
Available Online 10 August 2023.
DOI
10.2991/978-94-6463-198-2_62How to use a DOI?
Keywords
Similarity Distance Algorithm; Regression Analysis Prediction Method; Real Option Value Method
Abstract

Rising sea temperatures and migration of fish under the influence of global warming have affected the returns on investment for small-scale fishing companies in Scotland. Rational investment decisions for small-scale fisheries companies over the next 50 years are an effective means of avoiding losses. First, we use MATLAB to analyze changes in sea surface temperature over the past 20 years through the OISST dataset. The similarity distance algorithm is used to predict the seawater temperature in the next 50 years. Secondly, by establishing regression analysis prediction model, the correlation between the position of the two fish schools, sea surface temperature and time are analyzed, in order to predict the future migration position of the two fish. Finally, due to the uncertainty of the costs and benefits of small-scale fisheries, we use the real option value method to calculate the total investment value of different decision-making options. We determine the best options for investment decisions by calculating the total investment value.

Copyright
© 2023 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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Volume Title
Proceedings of the 2nd International Academic Conference on Blockchain, Information Technology and Smart Finance (ICBIS 2023)
Series
Atlantis Highlights in Computer Sciences
Publication Date
10 August 2023
ISBN
10.2991/978-94-6463-198-2_62
ISSN
2589-4900
DOI
10.2991/978-94-6463-198-2_62How to use a DOI?
Copyright
© 2023 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

risenwbib
TY  - CONF
AU  - Tingting Yan
AU  - Long Ma
AU  - Teng Liu
PY  - 2023
DA  - 2023/08/10
TI  - Investment Decision of Small-Scale Fishing Companies in Scotland Based on Regression Analysis Prediction Method
BT  - Proceedings of the 2nd International Academic Conference on Blockchain, Information Technology and Smart Finance (ICBIS 2023)
PB  - Atlantis Press
SP  - 608
EP  - 614
SN  - 2589-4900
UR  - https://doi.org/10.2991/978-94-6463-198-2_62
DO  - 10.2991/978-94-6463-198-2_62
ID  - Yan2023
ER  -