Present worth analysis using pythagorean fuzzy sets

Cengiz Kahraman; Sezi Cevik Onar; Basar Oztaysi

doi:10.1007/978-3-319-66824-6_30

Present worth analysis using pythagorean fuzzy sets

Cengiz Kahraman^*, Sezi Cevik Onar, Basar Oztaysi

^*Corresponding author for this work

Department of Industrial Engineering

Research output: Chapter in Book/Report/Conference proceeding › Conference contribution › peer-review

20 Citations (Scopus)

Abstract

One of the investment decision making techniques is present worth analysis (PWA) and it is almost the most frequently used one. Uncertain cash flows, uncertain life, and uncertain time value of money cause the usage of a fuzzy PWA. In this paper, we develop a Pythagorean fuzzy present worth analysis method to handle the fuzzy parameters of investments. Pythagorean fuzzy sets have better powerful ability than intuitionistic fuzzy sets to model the uncertainty in investment decision making problems. We present the numerical applications of the proposed PWA method.

Original language	English
Title of host publication	Advances in Fuzzy Logic and Technology 2017 - Proceedings of
Subtitle of host publication	EUSFLAT-2017 – The 10th Conference of the European Society for Fuzzy Logic and Technology, IWIFSGN’2017 – The 16th International Workshop on Intuitionistic Fuzzy Sets and Generalized Nets
Editors	Maciej Krawczak, Krassimir T. Atanassov, Janusz Kacprzyk, Eulalia Szmidt, Slawomir Zadrozny, Maciej Krawczak
Publisher	Springer Verlag
Pages	336-342
Number of pages	7
ISBN (Print)	9783319668239
DOIs	https://doi.org/10.1007/978-3-319-66824-6_30
Publication status	Published - 2018
Event	Conference of the European Society for Fuzzy Logic and Technology, EUSFLAT 2017 and 16th International Workshop on Intuitionistic Fuzzy Sets and Generalized Nets, IWIFSGN 2017 - Warsaw, Poland Duration: 11 Sept 2017 → 15 Sept 2017

Publication series

Name	Advances in Intelligent Systems and Computing
Volume	642
ISSN (Print)	2194-5357

Conference

Conference	Conference of the European Society for Fuzzy Logic and Technology, EUSFLAT 2017 and 16th International Workshop on Intuitionistic Fuzzy Sets and Generalized Nets, IWIFSGN 2017
Country/Territory	Poland
City	Warsaw
Period	11/09/17 → 15/09/17

Bibliographical note

Publisher Copyright:
© 2018, Springer International Publishing AG.

Keywords

Cash flow
Interest rate
Investment
Present worth analysis
Pythagorean fuzzy sets

Access to Document

10.1007/978-3-319-66824-6_30

Cite this

Kahraman, C., Onar, S. C., & Oztaysi, B. (2018). Present worth analysis using pythagorean fuzzy sets. In M. Krawczak, K. T. Atanassov, J. Kacprzyk, E. Szmidt, S. Zadrozny, & M. Krawczak (Eds.), Advances in Fuzzy Logic and Technology 2017 - Proceedings of: EUSFLAT-2017 – The 10th Conference of the European Society for Fuzzy Logic and Technology, IWIFSGN’2017 – The 16th International Workshop on Intuitionistic Fuzzy Sets and Generalized Nets (pp. 336-342). (Advances in Intelligent Systems and Computing; Vol. 642). Springer Verlag. https://doi.org/10.1007/978-3-319-66824-6_30

Kahraman, Cengiz ; Onar, Sezi Cevik ; Oztaysi, Basar. / Present worth analysis using pythagorean fuzzy sets. Advances in Fuzzy Logic and Technology 2017 - Proceedings of: EUSFLAT-2017 – The 10th Conference of the European Society for Fuzzy Logic and Technology, IWIFSGN’2017 – The 16th International Workshop on Intuitionistic Fuzzy Sets and Generalized Nets. editor / Maciej Krawczak ; Krassimir T. Atanassov ; Janusz Kacprzyk ; Eulalia Szmidt ; Slawomir Zadrozny ; Maciej Krawczak. Springer Verlag, 2018. pp. 336-342 (Advances in Intelligent Systems and Computing).

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title = "Present worth analysis using pythagorean fuzzy sets",

abstract = "One of the investment decision making techniques is present worth analysis (PWA) and it is almost the most frequently used one. Uncertain cash flows, uncertain life, and uncertain time value of money cause the usage of a fuzzy PWA. In this paper, we develop a Pythagorean fuzzy present worth analysis method to handle the fuzzy parameters of investments. Pythagorean fuzzy sets have better powerful ability than intuitionistic fuzzy sets to model the uncertainty in investment decision making problems. We present the numerical applications of the proposed PWA method.",

keywords = "Cash flow, Interest rate, Investment, Present worth analysis, Pythagorean fuzzy sets",

author = "Cengiz Kahraman and Onar, {Sezi Cevik} and Basar Oztaysi",

note = "Publisher Copyright: {\textcopyright} 2018, Springer International Publishing AG.; Conference of the European Society for Fuzzy Logic and Technology, EUSFLAT 2017 and 16th International Workshop on Intuitionistic Fuzzy Sets and Generalized Nets, IWIFSGN 2017 ; Conference date: 11-09-2017 Through 15-09-2017",

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series = "Advances in Intelligent Systems and Computing",

publisher = "Springer Verlag",

pages = "336--342",

editor = "Maciej Krawczak and Atanassov, {Krassimir T.} and Janusz Kacprzyk and Eulalia Szmidt and Slawomir Zadrozny and Maciej Krawczak",

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Kahraman, C , Onar, SC & Oztaysi, B 2018, Present worth analysis using pythagorean fuzzy sets. in M Krawczak, KT Atanassov, J Kacprzyk, E Szmidt, S Zadrozny & M Krawczak (eds), Advances in Fuzzy Logic and Technology 2017 - Proceedings of: EUSFLAT-2017 – The 10th Conference of the European Society for Fuzzy Logic and Technology, IWIFSGN’2017 – The 16th International Workshop on Intuitionistic Fuzzy Sets and Generalized Nets. Advances in Intelligent Systems and Computing, vol. 642, Springer Verlag, pp. 336-342, Conference of the European Society for Fuzzy Logic and Technology, EUSFLAT 2017 and 16th International Workshop on Intuitionistic Fuzzy Sets and Generalized Nets, IWIFSGN 2017, Warsaw, Poland, 11/09/17. https://doi.org/10.1007/978-3-319-66824-6_30

Present worth analysis using pythagorean fuzzy sets. / Kahraman, Cengiz ; Onar, Sezi Cevik ; Oztaysi, Basar.
Advances in Fuzzy Logic and Technology 2017 - Proceedings of: EUSFLAT-2017 – The 10th Conference of the European Society for Fuzzy Logic and Technology, IWIFSGN’2017 – The 16th International Workshop on Intuitionistic Fuzzy Sets and Generalized Nets. ed. / Maciej Krawczak; Krassimir T. Atanassov; Janusz Kacprzyk; Eulalia Szmidt; Slawomir Zadrozny; Maciej Krawczak. Springer Verlag, 2018. p. 336-342 (Advances in Intelligent Systems and Computing; Vol. 642).

Research output: Chapter in Book/Report/Conference proceeding › Conference contribution › peer-review

TY - GEN

T1 - Present worth analysis using pythagorean fuzzy sets

AU - Kahraman, Cengiz

AU - Onar, Sezi Cevik

AU - Oztaysi, Basar

PY - 2018

Y1 - 2018

N2 - One of the investment decision making techniques is present worth analysis (PWA) and it is almost the most frequently used one. Uncertain cash flows, uncertain life, and uncertain time value of money cause the usage of a fuzzy PWA. In this paper, we develop a Pythagorean fuzzy present worth analysis method to handle the fuzzy parameters of investments. Pythagorean fuzzy sets have better powerful ability than intuitionistic fuzzy sets to model the uncertainty in investment decision making problems. We present the numerical applications of the proposed PWA method.

AB - One of the investment decision making techniques is present worth analysis (PWA) and it is almost the most frequently used one. Uncertain cash flows, uncertain life, and uncertain time value of money cause the usage of a fuzzy PWA. In this paper, we develop a Pythagorean fuzzy present worth analysis method to handle the fuzzy parameters of investments. Pythagorean fuzzy sets have better powerful ability than intuitionistic fuzzy sets to model the uncertainty in investment decision making problems. We present the numerical applications of the proposed PWA method.

KW - Cash flow

KW - Interest rate

KW - Investment

KW - Present worth analysis

KW - Pythagorean fuzzy sets

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U2 - 10.1007/978-3-319-66824-6_30

DO - 10.1007/978-3-319-66824-6_30

M3 - Conference contribution

AN - SCOPUS:85029433633

SN - 9783319668239

T3 - Advances in Intelligent Systems and Computing

SP - 336

EP - 342

BT - Advances in Fuzzy Logic and Technology 2017 - Proceedings of

A2 - Krawczak, Maciej

A2 - Atanassov, Krassimir T.

A2 - Kacprzyk, Janusz

A2 - Szmidt, Eulalia

A2 - Zadrozny, Slawomir

A2 - Krawczak, Maciej

PB - Springer Verlag

T2 - Conference of the European Society for Fuzzy Logic and Technology, EUSFLAT 2017 and 16th International Workshop on Intuitionistic Fuzzy Sets and Generalized Nets, IWIFSGN 2017

Y2 - 11 September 2017 through 15 September 2017

ER -

Kahraman C , Onar SC , Oztaysi B. Present worth analysis using pythagorean fuzzy sets. In Krawczak M, Atanassov KT, Kacprzyk J, Szmidt E, Zadrozny S, Krawczak M, editors, Advances in Fuzzy Logic and Technology 2017 - Proceedings of: EUSFLAT-2017 – The 10th Conference of the European Society for Fuzzy Logic and Technology, IWIFSGN’2017 – The 16th International Workshop on Intuitionistic Fuzzy Sets and Generalized Nets. Springer Verlag. 2018. p. 336-342. (Advances in Intelligent Systems and Computing). doi: 10.1007/978-3-319-66824-6_30

Present worth analysis using pythagorean fuzzy sets

Abstract

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Bibliographical note

Keywords

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