Have a personal or library account? Click to login

On Imprecise Investment Recommendations

Studies in Logic, Grammar and Rhetoric
Volume 37 (2014): Issue 1 (June 2014)
By:
Open Access
|Aug 2014

References

  1. Barberis, N., Shleifer, A., Vishny R., (1998). A model of investor sentiment. Journal of Financial Economics, 49, 307–343.10.1016/S0304-405X(98)00027-0
    Search in Google Scholar
  2. Bølviken, E., Benth, F.E., (2000). Quantification of risk in Norwegian stocks via the normal inverse Gaussian distribution, Proceedings of the AFIR 2000 Colloquium, Tromsø, 87–98.
    Search in Google Scholar
  3. Buckley, J.J., (1987). Fuzzy mathematics of finance. Fuzzy Sets and Systems, 21, 257–273.10.1016/0165-0114(87)90128-X
    Search in Google Scholar
  4. Buckley, J.J., (1992). Solving fuzzy equations in economics and finance. Fuzzy Sets and Systems, 48, 289–296.10.1016/0165-0114(92)90344-4
    Search in Google Scholar
  5. Calzi, M.L. (1990). Towards a general setting for the fuzzy mathematics of finance. Fuzzy Sets and Systems, 35, 265–280.10.1016/0165-0114(90)90001-M
    Search in Google Scholar
  6. Dacey, R., Zielonka P., (2005). A detailed prospect theory explanation of the disposition effect. Journal of Behavioral Finance, 2/4, 43–50.
    Search in Google Scholar
  7. Dubois, J., Prade, H., (1979). Fuzzy real algebra: some results. Fuzzy Sets and Systems, vol. 2.10.1016/0165-0114(79)90005-8
    Search in Google Scholar
  8. Edwards, W., (1968). Conservatism in human information processing, In: Klienmutz B. (Ed) Formal representation of human judgment, New York: Wiley, 17–52.
    Search in Google Scholar
  9. Fang Yong, Lai Kin Keung, Wang Shouyang, (2008). Fuzzy portfolio optimization. Theory and methods, Lecture Notes in Economics and Mathematical Systems 609. Berlin: Springer.
    Search in Google Scholar
  10. Greenhut, J.G., Norman, G., Temponi, C., (1995). Towards a fuzzy theory of oligopolistic competition, IEEE Proceedings of ISUMA-NAFIPS 1995, 286–291.
    Search in Google Scholar
  11. Gutierrez, I., (1989). Fuzzy numbers and Net Present Value. Scand. J. Mgmt, vol. 5 no 2, 149–159.10.1016/0956-5221(89)90021-3
    Search in Google Scholar
  12. Hiroto, K., (1981). Concepts of probabilistic sets. Fuzzy Sets and Systems, 5, 31–46.10.1016/0165-0114(81)90032-4
    Search in Google Scholar
  13. Huang, X., (2007). Two new models for portfolio selection with stochastic returns taking fuzzy information. European Journal of Operational Research, vol. 180 no 1, 396–405.10.1016/j.ejor.2006.04.010
    Search in Google Scholar
  14. Jensen, M.C., (1969). Risk and pricing of capital assets, and the evaluation of investments portfolios. Journal of Business, vol. 42 no 2, 167–247.
    Search in Google Scholar
  15. Kaplan, S., Barish, N.N., (1967). Decision-Making Allowing Uncertainty of Future Investment Opportunities. Management Science, vol. 13 no 10, 569–577.10.1287/mnsc.13.10.B569
    Search in Google Scholar
  16. Kataoka, S., (1963). A stochastic programming model. Econometrica, vol. 31 no 1/2., 181–196.10.2307/1910956
    Search in Google Scholar
  17. Knight, F. H. (1921). Risk, Uncertainty, and Profit. Boston, MA: Hart, Schaffner & Marx; Houghton Mifflin Company.
    Search in Google Scholar
  18. Kuchta, D., (2000). Fuzzy capital budgeting, Fuzzy Sets and Systems, 111, 367–385.10.1016/S0165-0114(98)00088-8
    Search in Google Scholar
  19. Kwakernaak, H.K., (1978). Fuzzy random variables I, Information Sciences, 15, 1–29.10.1016/0020-0255(78)90019-1
    Search in Google Scholar
  20. Kwakernaak, H.K., (1979). Fuzzy random variables II, Information Sciences, 17, 253–278.10.1016/0020-0255(79)90020-3
    Search in Google Scholar
  21. Lesage, C., (2001). Discounted cash-flows analysis. An interactive fuzzy arithmetic approach. European Journal of Economic and Social Systems vol. 15 no 2, 49–68.
    Search in Google Scholar
  22. Mises, L. von, (1962), The Ultimate Foundation of Economic Science An Essay on Method, Princeton: D. Van Nostrand Company, Inc.
    Search in Google Scholar
  23. Piasecki, K., (1990). Decyzje i wiarygodne prognozy. Zeszyty Naukowe Akademii Ekonomicznej S. II z. 106, Poznań.
    Search in Google Scholar
  24. Piasecki, K., (2011a). Behavioural Present Value, Behavioral & Experimental Finance eJournal” 2011/4, [online]: http://ssrn.com/abstract=1729351.
    Search in Google Scholar
  25. Piasecki, K., (2011b). Rozmyte zbiory probabilistyczne jako narzędzie finansów behawioralnych, Poznań: Wydawnictwo Uniwersytetu Ekonomicznego.
    Search in Google Scholar
  26. Piasecki, K. (2011c). Effectiveness of securities with fuzzy probabilistic return. Operations Research and Decisions, 2/2011, 65–78.
    Search in Google Scholar
  27. Piasecki, K. (2012). Basis of financial arithmetic from the viewpoint of the utility theory, Operations Research and Decisions, 03/2012, 37–53.10.2139/ssrn.2089757
    Search in Google Scholar
  28. Piasecki, K. (2013). Imprecise return rates on the Warsaw Stock Exchange, Proceedings of International Colloquium on Current Economics and Social Topics CEST'2013, (in print).10.2139/ssrn.2270138
    Search in Google Scholar
  29. Piasecki, K., Tomasik, E. (2013). Rozkłady stop zwrotu z instrumentów polskiego rynku kapitałowego, edu-Libri, Kraków–Warszawa.
    Search in Google Scholar
  30. Roy, A.D., (1952). Safety-first and the holding of assets, Econometrics, 20, 431–449.10.2307/1907413
    Search in Google Scholar
  31. Sharpe, W.F., (1966). Mutual fund performance. Journal of Business, 19, 119–138.10.1086/294846
    Search in Google Scholar
  32. Sheen, J.N., (2005). Fuzzy financial profitability analyses of demand side management alternatives from participant perspective. Information Sciences, 169, 329–364.10.1016/j.ins.2004.05.007
    Search in Google Scholar
  33. Telser, L.G. (1955). Safety first and hedging. The Review of Economic Studies, vol. 23 no 2, 1–16.
    Search in Google Scholar
  34. Treynor, J.L., (1965). How to rate management of investment fund. Harvard Business Review, 43, 63–75.
    Search in Google Scholar
  35. Tsao, C.-T., (2005). Assessing the probabilistic fuzzy Net Present Value for a capital, Investment choice using fuzzy arithmetic, J. of Chin. Ins. of Industrial Engineers, vol. 22 no 2, 106–118.10.1080/10170660509509282
    Search in Google Scholar
  36. Ward, T.L., (1985). Discounted fuzzy cash flow analysis, 1985 Fall Industrial Engineering Conference Proceedings, 476–481.
    Search in Google Scholar
DOI: https://doi.org/10.2478/slgr-2014-0024 | Journal eISSN: 2199-6059 | Journal ISSN: 0860-150X
Journal RSS Feed
Language: English
Page range: 179 - 194
Published on: Aug 8, 2014
Published by: University of Białystok
In partnership with: Paradigm Publishing Services
Publication frequency: 4 issues per year
Related subjects:
Philosophy,
Philosophy, other

© 2014 Krzysztof Piasecki, published by University of Białystok
This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.

Previous articleVolume 37 (2014): Issue 1 (June 2014)Next article