Fuzzy Mathematics in Finance

  • James J. Buckley
  • Esfandiar Eslami
  • Thomas Feuring
Part of the Studies in Fuzziness and Soft Computing book series (STUDFUZZ, volume 91)


In this chapter we first consider the elementary concepts, in the mathematics of finance, future value, present value and regular annuities. In all cases the cash amounts, interest rates and number of compoundings may all be fuzzy. Then we look at two methods of comparing fuzzy net cash flows in order to rank fuzzy investment alternatives from best to worst. For other discussions of the mathematics of finance we refer the reader to ([1], [2], [10], [11], [14] – [25]). This chapter is based on ([5],[6],[7],[8]), and we will be using both triangular and trapezoidal (shaped) fuzzy numbers.


Interest Rate Cash Flow Fuzzy Number Interval Arithmetic Trapezoidal Fuzzy Number 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.


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Copyright information

© Springer-Verlag Berlin Heidelberg 2002

Authors and Affiliations

  • James J. Buckley
    • 1
  • Esfandiar Eslami
    • 2
  • Thomas Feuring
    • 3
  1. 1.Mathematics DepartmentUniversity of Alabama at BirminghamBirminghamUSA
  2. 2.Department of MathematicsShahid Bahonar UniversityKermanIran
  3. 3.Electrical Engineering and Computer ScienceUniversity of SiegenSiegenGermany

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