Numerical modeling of economic uncertainty

Hans Schjær-Jacobsen

Research output: Contribution to journalJournal articleResearchpeer-review

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
alternative modeling methods, and characteristics of the methods are discussed.
Original languageEnglish
JournalIndustrial Engineering International. Journal
Volume3
Issue number5
Pages (from-to)9-18
ISSN1735-5702
Publication statusPublished - 2007

Cite this