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Title:Valuation is fuzzy: Integration qualitativer Risiken ins stochastische Bewertungsmodell mit Hilfe der Fuzzy-Set Theorie PDF Logo
Authors:Klein, Martin
Issue Date:2010
Series/Report no.:Working papers in accounting valuation auditing 2010-8
Abstract (Translated):Non-financial risk factors play a fundamental role in supporting the competitive position of companies in many of today's industries. Though, assessing these ambiguous factors in a valuation based on a Monte-Carlo simulation is particularly difficult. This paper presents how the fuzzy-set theory allows these factors to be assessed explicitly and how the resulting outcome can be linked with a stochastic model.
Subjects:Monte-Carlo Simulation
Fuzzy-Set Theorie
Unternehmensbewertung
Unschärfe
wissensbasierte Systeme
Linguistik
qualitatives Risiko
Due Diligence
Risikoanalyse
fuzzy-set theory
valuation
fuzziness
expert systems
Balanced Scorecard
non-financial risk factors
due diligence
risk analysis
JEL:C15
C51
C53
G32
G34
Document Type:Working Paper
Appears in Collections:Working Papers in Accounting Valuation Auditing, FAU Erlangen-Nürnberg

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