A fuzzy pay-off method for real option valuation

Mikael Collan, R. Fullér, József Mezei

Research output: Chapter in Book/Report/Conference proceedingConference contribution

4 Citations (Scopus)

Abstract

This paper presents a new method (fuzzy pay-off method) for real option valuation using fuzzy numbers that is based on findings from earlier real option valuation methods and from fuzzy real option valuation. The method is intuitive to understand and far less complicated than any previous real option valuation model to date. The paper also presents the use of trinagular and trapezoidal fuzzy numbers with the method.

Original languageEnglish
Title of host publication2009 International Conference on Business Intelligence and Financial Engineering, BIFE 2009
Pages165-169
Number of pages5
DOIs
Publication statusPublished - 2009
Event2009 International Conference on Business Intelligence and Financial Engineering, BIFE 2009 - Beijing, China
Duration: Jul 24 2009Jul 26 2009

Other

Other2009 International Conference on Business Intelligence and Financial Engineering, BIFE 2009
CountryChina
CityBeijing
Period7/24/097/26/09

Fingerprint

Real options
Option valuation
Fuzzy numbers
Valuation methods
Fuzzy method
Valuation model

Keywords

  • Fuzzy numbers
  • Fuzzy real options
  • Real option valuation

ASJC Scopus subject areas

  • Accounting
  • Artificial Intelligence
  • Finance

Cite this

Collan, M., Fullér, R., & Mezei, J. (2009). A fuzzy pay-off method for real option valuation. In 2009 International Conference on Business Intelligence and Financial Engineering, BIFE 2009 (pp. 165-169). [5208910] https://doi.org/10.1109/BIFE.2009.47

A fuzzy pay-off method for real option valuation. / Collan, Mikael; Fullér, R.; Mezei, József.

2009 International Conference on Business Intelligence and Financial Engineering, BIFE 2009. 2009. p. 165-169 5208910.

Research output: Chapter in Book/Report/Conference proceedingConference contribution

Collan, M, Fullér, R & Mezei, J 2009, A fuzzy pay-off method for real option valuation. in 2009 International Conference on Business Intelligence and Financial Engineering, BIFE 2009., 5208910, pp. 165-169, 2009 International Conference on Business Intelligence and Financial Engineering, BIFE 2009, Beijing, China, 7/24/09. https://doi.org/10.1109/BIFE.2009.47
Collan M, Fullér R, Mezei J. A fuzzy pay-off method for real option valuation. In 2009 International Conference on Business Intelligence and Financial Engineering, BIFE 2009. 2009. p. 165-169. 5208910 https://doi.org/10.1109/BIFE.2009.47
Collan, Mikael ; Fullér, R. ; Mezei, József. / A fuzzy pay-off method for real option valuation. 2009 International Conference on Business Intelligence and Financial Engineering, BIFE 2009. 2009. pp. 165-169
@inproceedings{19dfd823e8254958abe83c543b97a271,
title = "A fuzzy pay-off method for real option valuation",
abstract = "This paper presents a new method (fuzzy pay-off method) for real option valuation using fuzzy numbers that is based on findings from earlier real option valuation methods and from fuzzy real option valuation. The method is intuitive to understand and far less complicated than any previous real option valuation model to date. The paper also presents the use of trinagular and trapezoidal fuzzy numbers with the method.",
keywords = "Fuzzy numbers, Fuzzy real options, Real option valuation",
author = "Mikael Collan and R. Full{\'e}r and J{\'o}zsef Mezei",
year = "2009",
doi = "10.1109/BIFE.2009.47",
language = "English",
isbn = "9780769537054",
pages = "165--169",
booktitle = "2009 International Conference on Business Intelligence and Financial Engineering, BIFE 2009",

}

TY - GEN

T1 - A fuzzy pay-off method for real option valuation

AU - Collan, Mikael

AU - Fullér, R.

AU - Mezei, József

PY - 2009

Y1 - 2009

N2 - This paper presents a new method (fuzzy pay-off method) for real option valuation using fuzzy numbers that is based on findings from earlier real option valuation methods and from fuzzy real option valuation. The method is intuitive to understand and far less complicated than any previous real option valuation model to date. The paper also presents the use of trinagular and trapezoidal fuzzy numbers with the method.

AB - This paper presents a new method (fuzzy pay-off method) for real option valuation using fuzzy numbers that is based on findings from earlier real option valuation methods and from fuzzy real option valuation. The method is intuitive to understand and far less complicated than any previous real option valuation model to date. The paper also presents the use of trinagular and trapezoidal fuzzy numbers with the method.

KW - Fuzzy numbers

KW - Fuzzy real options

KW - Real option valuation

UR - http://www.scopus.com/inward/record.url?scp=71049128310&partnerID=8YFLogxK

UR - http://www.scopus.com/inward/citedby.url?scp=71049128310&partnerID=8YFLogxK

U2 - 10.1109/BIFE.2009.47

DO - 10.1109/BIFE.2009.47

M3 - Conference contribution

AN - SCOPUS:71049128310

SN - 9780769537054

SP - 165

EP - 169

BT - 2009 International Conference on Business Intelligence and Financial Engineering, BIFE 2009

ER -