Fuzzy Logic in Financial Analysis Anna Maria Gil-Lafuente

ISBN: 9783540323686

Published: January 1st 2005

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Fuzzy Logic in Financial Analysis  by  Anna Maria Gil-Lafuente

Fuzzy Logic in Financial Analysis by Anna Maria Gil-Lafuente
January 1st 2005 | ebook | PDF, EPUB, FB2, DjVu, talking book, mp3, ZIP | | ISBN: 9783540323686 | 10.73 Mb

In todays increasingly complex and uncertain business environment, financial analysis is yet more critical to business managers who tackle problems of an economic or business nature. Knowledge based on formal logic and even experience becomes lessMoreIn todays increasingly complex and uncertain business environment, financial analysis is yet more critical to business managers who tackle problems of an economic or business nature. Knowledge based on formal logic and even experience becomes less sufficient.

This volume systematically sets out the basic elements on which to base financial analysis for business in the new century. It incorporates a previous work that can serve as the basis and foundation for the new contributions that are now being made in the field of financial economy and intend to provide business with instruments and models suitable for dealing with the new economic context. In dealing with rapid and unpredictable changes in technological and business conditions, it postulates a growing reliance on the opinions of experts instead of past data or probabilistic forecasts, which is a radical change but may yield fruitful results.

For this reason, much emphasis is devoted to the problem of aggregation of the opinion of experts in the financial field, with the object of limiting, wherever possible, the subjective component of the opinions and making sure that the decisions have the best guarantee of reaching the desired objectives.



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