• Title of article

    Numerical modeling of economic uncertainty

  • Author/Authors

    Schjter-Jacobsen, Hans Copenhagen University College ofEngineering, Denmark

  • From page
    9
  • To page
    18
  • Abstract
    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, Focusing on discounted cash flow analysis numerical results are presented, comparisons are made between alternati ve modeling methods, and characteristics of the methods are discussed.
  • Keywords
    Economic uncertainty , Modeling , Stochastic , Probability: Interval , Fuzzy number , Triple estimate , Discounted cash flow
  • Journal title
    Journal of Industrial Engineering International
  • Journal title
    Journal of Industrial Engineering International
  • Record number

    2584769