2009 International Conference on Business Intelligence and Financial Engineering (2009)
July 24, 2009 to July 26, 2009
DOI Bookmark: http://doi.ieeecomputersociety.org/10.1109/BIFE.2009.47
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 triangular and trapezoidal fuzzy numbers with the method.
Real Option Valuation, Fuzzy Real Options, Fuzzy Numbers
R. Fullér, J. Mezei and M. Collan, "A Fuzzy Pay-Off Method for Real Option Valuation," 2009 International Conference on Business Intelligence and Financial Engineering(BIFE), Beijing, China, 2009, pp. 165-169.