Fuzzy numbers in valuation of real investment profitability Cover Image

Fuzzy numbers in valuation of real investment profitability
Fuzzy numbers in valuation of real investment profitability

Author(s): Arkadiusz Górski, Katarzyna Gwóźdź
Subject(s): National Economy, Business Economy / Management, Financial Markets, Socio-Economic Research
Published by: Wyższa Szkoła Informatyki i Zarządzania z siedzibą w Rzeszowie
Keywords: real investment profitability; fuzzy numbers; Certainty Equivalent;

Summary/Abstract: In response to the weakness of traditional efficiency assessment methods taking risk into account, the modification of the Certainty Equivalent method is proposed in this paper. The possibility of connecting solutions from different fields provides for the elaboration of a more effective tool to illustrate and indicate the accurate level of risk in the investment efficiency calculus, which is the matter under consideration in the paper. The authors propose to use the modified method of a Certainty Equivalent that is based on fuzzy numbers. The aim of the method is to make decisions that are less incorrect. The work should be treated as an introduction to proposed further research on the subject.

  • Issue Year: 10/2014
  • Issue No: 1
  • Page Range: 17-26
  • Page Count: 10
  • Language: English
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