Intuitionistic Assessment of Behavioural Present Value
Intuitionistic Assessment of Behavioural Present Value
Author(s): Krzysztof PiaseckiSubject(s): Economy, Financial Markets, Socio-Economic Research
Published by: Wydawnictwo Naukowe Uniwersytetu Szczecińskiego
Keywords: behavioural finance; present value; intuitionistic set
Summary/Abstract: The article discussesd the impact of chosen behavioural factors on the imprecision of present value assessment. The formal model of behavioural present value is offered as a result of this discussion. The behavioural present value is described here as an intuitionistic fuzzy set. The significance of the replacement of a fuzzy set by an intuitionistic fuzzy set is proved.
Journal: Folia Oeconomica Stetinensia
- Issue Year: 13/2013
- Issue No: 2
- Page Range: 49-62
- Page Count: 14
- Language: English