The fuzzy mathematics of finance (Q1819690): Difference between revisions
From MaRDI portal
Set profile property. |
ReferenceBot (talk | contribs) Changed an Item |
||
| Property / cites work | |||
| Property / cites work: Ranking alternatives using fuzzy numbers / rank | |||
Normal rank | |||
| Property / cites work | |||
| Property / cites work: Fuzzy sets and systems. Theory and applications / rank | |||
Normal rank | |||
Latest revision as of 17:55, 17 June 2024
scientific article
| Language | Label | Description | Also known as |
|---|---|---|---|
| English | The fuzzy mathematics of finance |
scientific article |
Statements
The fuzzy mathematics of finance (English)
0 references
1987
0 references
The author proposes an alternative... to using exact numbers for interest rates, cash amounts, and time periods in elementary financial calculations. The alternative is to use fuzzy numbers for interest rates and cash amounts and a positive discrete fuzzy set for the duration of an investment. The author discusses the future value, the present value of fuzzy cash amounts using a fuzzy interest rate. He shows that the popular internal rate of return procedure does not generalize to fuzzy net cash flows.
0 references
fuzzy numbers for interest rates
0 references
