Intuitionistic Assessment Of Behavioural Present Value*

Piasecki Krzysztof ()
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Piasecki Krzysztof: Poznań University of Economics Al. Niepodległości 10, 60-875 Poznań

Folia Oeconomica Stetinensia, 2014, vol. 13, issue 2, 49-62

Abstract: The article discussesd the impact of chosen behavioural factors on the imprecision of present value assessment. The formal model of behavioural present value is offered as a result of this discussion. The behavioural present value is described here as an intuitionistic fuzzy set. The significance of the replacement of a fuzzy set by an intuitionistic fuzzy set is proved.

Keywords: behavioural finance; present values; intuitionistic set (search for similar items in EconPapers)
JEL-codes: C65 G02 G12 (search for similar items in EconPapers)
Date: 2014
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Persistent link: https://EconPapers.repec.org/RePEc:vrs:foeste:v:13:y:2014:i:2:p:49-62:n:1010

DOI: 10.2478/foli-2013-0021

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