• Title of article

    Fuzzy model for risk analysis

  • Author/Authors

    Luban, Florica Academy of Economic Studies from Bucharest, Romania

  • From page
    19
  • To page
    26
  • Abstract
    The goal of this paper is to show how the concept of fuzzy logic can be used to establish a degree to which an investInent project belongs to a class of risk. Also, the probability of the fuzzy event is presented and is applied to calculate the probability of the fuzzy event the project X is a good investment . This process has to enable the decision maker to compare several alternative investments from the fuzzy logic perspective and, in this way, allows him to include the uncertainty that comes with the problem in reality. Moreover, by experiments with the proposed fuzzy model the user can obtain new knowledge for investment risk analysis.
  • Keywords
    Fuzzy numbers , Fuzzy logic , Fuzzy probability , Risk analysis
  • Journal title
    Journal of Industrial Engineering International
  • Journal title
    Journal of Industrial Engineering International
  • Record number

    2584764