TITLE

FUZZY RISK VERSUS PROBABILISTIC RISK IN PROJECT ECONOMICS

AUTHOR(S)
Iloiu, Mirela; Iloiu, Sorin; Csiminga, Diana; Mangu, Sorin
PUB. DATE
January 2011
SOURCE
Annals of DAAAM & Proceedings;Jan2011, p1289
SOURCE TYPE
Academic Journal
DOC. TYPE
Article
ABSTRACT
In this paper we presented the probabilistic risk analysis of the investment projects and we offered a better, more precise alternative - fuzzy risk analysis. This approach, although is analogous to probability theory, can be carried out under weaker assumption and used when limited observational information is available. We proposed here a risk evaluation model based on fuzzy inference in order to determine the risk level for every project risk categories.
ACCESSION #
69985524

 

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