Numerical modeling of economic uncertainty

محورهای موضوعی : Mathematical Optimization

H Schjær-Jacobsen ¹ ( Professor, Copenhagen University College of Engineering, Denmark )

تاریخ دریافت : 1394/02/28 تاریخ پذیرش : 1394/02/28 تاریخ انتشار : 1386/04/10

کلید واژه: fuzzy number, Modeling, Probability, Economic uncertainty, stochastic, Interval, Triple esti-mate, Discounted Cash Flow,

چکیده مقاله :

Representation and modeling of economic uncertainty is addressed by different modeling methods, namely stochastic variables and probabilities, interval analysis, and fuzzy numbers, in particular triple estimates. Fo-cusing on discounted cash flow analysis numerical results are presented, comparisons are made between alter-native modeling methods, and characteristics of the methods are discussed.