Fuzzy Present Value - Archive ouverte HAL
Communication Dans Un Congrès Année : 2011

Fuzzy Present Value

Résumé

Investors are constantly confronted with deciding between a multitude of different investments. The characteristics, especially the estimated return, of each alternative is never precisely known. In this paper, we propose to use fuzzy present values to model this uncertainty. We extend previous work with the possibility to account for uncertain project durations, which become increasingly important for long-term projects. The results allowed a detailed assessment of the cost of hydrogen production using a thermo-chemical cycle which is still in the early phase of research. On the theoretical side, we propose a sound fuzzification over crisp domains, avoiding in particular the unsteady behaviour of existing approaches.
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Dates et versions

hal-01284781 , version 1 (08-03-2016)

Identifiants

Citer

Thomas Bärecke, Bernadette Bouchon-Meunier, Marcin Detyniecki. Fuzzy Present Value. IEEE Symposium on Computational Intelligence for Financial Engineering & Economics (IEEE CIFEr), Apr 2011, Paris, France. pp.75-80, ⟨10.1109/CIFER.2011.5953564⟩. ⟨hal-01284781⟩
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