TY - GEN
T1 - Internal rate of return of fuzzy cash flows based on pessimistic and optimistic fuzzy-relation approach
AU - Bas, Esra
PY - 2008
Y1 - 2008
N2 - Although internal rate of return (IRR) has been studied extensively, addressing uncertainty in cash flows for the calculation of IRR has been relatively neglected. In this study, we propose an optimistic and a pessimistic fuzzy relation based approach to IRR, and define the investment decision procedure. Finally, we apply the proposed procedure to a simple project example, and investigate the PV-consistency for the decision.
AB - Although internal rate of return (IRR) has been studied extensively, addressing uncertainty in cash flows for the calculation of IRR has been relatively neglected. In this study, we propose an optimistic and a pessimistic fuzzy relation based approach to IRR, and define the investment decision procedure. Finally, we apply the proposed procedure to a simple project example, and investigate the PV-consistency for the decision.
UR - https://www.scopus.com/pages/publications/58049156118
U2 - 10.1142/9789812799470_0165
DO - 10.1142/9789812799470_0165
M3 - Conference contribution
AN - SCOPUS:58049156118
SN - 981279946X
SN - 9789812799463
T3 - World Scientific Proceedings Series on Computer Engineering and Information Science 1; Computational Intelligence in Decision and Control - Proceedings of the 8th International FLINS Conference
SP - 1009
EP - 1014
BT - World Scientific Proceedings Series on Computer Engineering and Information Science 1; Computational Intelligence in Decision and Control - Proceedings of the 8th International FLINS Conference
PB - World Scientific Publishing Co. Pte Ltd
T2 - Computational Intelligence in Decision and Control - 8th International FLINS Conference
Y2 - 21 September 2008 through 24 September 2008
ER -