Title of article :
Numerical modeling of economic uncertainty
Author/Authors :
Schjter-Jacobsen, Hans Copenhagen University College ofEngineering, Denmark
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
