A POSSIBILISTIC APPROACH TO INVESTMENT DECISION MAKING

Abstract

The concept of possibilistic mean value and variance of fuzzy numbers has been applied to investment decisions by using a nonlinear type of fuzzy numbers called adaptive fuzzy numbers. In this paper, by extending the notion of adaptive fuzzy number, we propose a more flexible methodology. Our aim is to allow decision maker more flexibility in dealing with ambiguity and uncertainty. To illustrate the use of our approach and its ability in dealing with ambiguity and imprecision we analyze, as an application, the fuzzy net present value of future cash flows and give some numerical results.


Autore Pugliese

Tutti gli autori

  • L. ANZILLI

Titolo volume/Rivista

INTERNATIONAL JOURNAL OF UNCERTAINTY, FUZZINESS AND KNOWLEDGE BASED SYSTEMS


Anno di pubblicazione

2013

ISSN

0218-4885

ISBN

Non Disponibile


Numero di citazioni Wos

4

Ultimo Aggiornamento Citazioni

26/04/2018


Numero di citazioni Scopus

5

Ultimo Aggiornamento Citazioni

26/04/2018


Settori ERC

Non Disponibile

Codici ASJC

Non Disponibile