{"id":"https://openalex.org/W2068611006","doi":"https://doi.org/10.1142/s0218488503002077","title":"Using Fuzzy Set Theory to Analyse Investments and Select Portfolios of Tangible Investments in Uncertain Environments","display_name":"Using Fuzzy Set Theory to Analyse Investments and Select Portfolios of Tangible Investments in Uncertain Environments","publication_year":2003,"publication_date":"2003-06-01","ids":{"openalex":"https://openalex.org/W2068611006","doi":"https://doi.org/10.1142/s0218488503002077","mag":"2068611006"},"language":"en","primary_location":{"id":"doi:10.1142/s0218488503002077","is_oa":false,"landing_page_url":"https://doi.org/10.1142/s0218488503002077","pdf_url":null,"source":{"id":"https://openalex.org/S69518169","display_name":"International Journal of Uncertainty Fuzziness and Knowledge-Based Systems","issn_l":"0218-4885","issn":["0218-4885","1793-6411"],"is_oa":false,"is_in_doaj":false,"is_core":true,"host_organization":"https://openalex.org/P4310319815","host_organization_name":"World Scientific","host_organization_lineage":["https://openalex.org/P4310319815"],"host_organization_lineage_names":["World Scientific"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"International Journal of Uncertainty, Fuzziness and Knowledge-Based Systems","raw_type":"journal-article"},"type":"article","indexed_in":["crossref"],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5060298480","display_name":"Antonio Terce\u00f1o","orcid":"https://orcid.org/0000-0001-5348-8837"},"institutions":[{"id":"https://openalex.org/I55952717","display_name":"Universitat Rovira i Virgili","ror":"https://ror.org/00g5sqv46","country_code":"ES","type":"education","lineage":["https://openalex.org/I55952717"]}],"countries":["ES"],"is_corresponding":true,"raw_author_name":"Antonio Terce\u00f1o","raw_affiliation_strings":["Department of Management,  University Rovira i Virgili, Av. de la Universitat,  l. E-43204 Reus, Spain","Department of Management, University Rovira i Virgili, Av. de la Universitat, 1. E-43204 Reus, Spain#TAB#"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Department of Management,  University Rovira i Virgili, Av. de la Universitat,  l. E-43204 Reus, Spain","institution_ids":["https://openalex.org/I55952717"]},{"raw_affiliation_string":"Department of Management, University Rovira i Virgili, Av. de la Universitat, 1. E-43204 Reus, Spain#TAB#","institution_ids":["https://openalex.org/I55952717"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5082597758","display_name":"Jorge Andr\u00e9s","orcid":null},"institutions":[{"id":"https://openalex.org/I55952717","display_name":"Universitat Rovira i Virgili","ror":"https://ror.org/00g5sqv46","country_code":"ES","type":"education","lineage":["https://openalex.org/I55952717"]}],"countries":["ES"],"is_corresponding":false,"raw_author_name":"Jorge de Andr\u00e9s","raw_affiliation_strings":["Department of Management,  University Rovira i Virgili, Av. de la Universitat,  l. E-43204 Reus, Spain","Department of Management, University Rovira i Virgili, Av. de la Universitat, 1. E-43204 Reus, Spain#TAB#"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Department of Management,  University Rovira i Virgili, Av. de la Universitat,  l. E-43204 Reus, Spain","institution_ids":["https://openalex.org/I55952717"]},{"raw_affiliation_string":"Department of Management, University Rovira i Virgili, Av. de la Universitat, 1. E-43204 Reus, Spain#TAB#","institution_ids":["https://openalex.org/I55952717"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5025989002","display_name":"M. Gl\u00f2ria Barber\u00e0-Marin\u00e9","orcid":"https://orcid.org/0000-0003-2578-1301"},"institutions":[{"id":"https://openalex.org/I55952717","display_name":"Universitat Rovira i Virgili","ror":"https://ror.org/00g5sqv46","country_code":"ES","type":"education","lineage":["https://openalex.org/I55952717"]}],"countries":["ES"],"is_corresponding":false,"raw_author_name":"Gl\u00f2ria Barber\u00e0","raw_affiliation_strings":["Department of Management,  University Rovira i Virgili, Av. de la Universitat,  l. E-43204 Reus, Spain","Department of Management, University Rovira i Virgili, Av. de la Universitat, 1. E-43204 Reus, Spain#TAB#"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Department of Management,  University Rovira i Virgili, Av. de la Universitat,  l. E-43204 Reus, Spain","institution_ids":["https://openalex.org/I55952717"]},{"raw_affiliation_string":"Department of Management, University Rovira i Virgili, Av. de la Universitat, 1. E-43204 Reus, Spain#TAB#","institution_ids":["https://openalex.org/I55952717"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5038348904","display_name":"Tom\u00e1s Lorenzana","orcid":null},"institutions":[{"id":"https://openalex.org/I52354020","display_name":"University of Almer\u00eda","ror":"https://ror.org/003d3xx08","country_code":"ES","type":"education","lineage":["https://openalex.org/I52354020"]}],"countries":["ES"],"is_corresponding":false,"raw_author_name":"Tom\u00e1s Lorenzana","raw_affiliation_strings":["Department of Management,  University of Almer\u00eda, Crrtera. de Sacramento s/n.  E-07120 La Ca\u00f1ada de San Urbano, Spain"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Department of Management,  University of Almer\u00eda, Crrtera. de Sacramento s/n.  E-07120 La Ca\u00f1ada de San Urbano, Spain","institution_ids":["https://openalex.org/I52354020"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":4,"corresponding_author_ids":["https://openalex.org/A5060298480"],"corresponding_institution_ids":["https://openalex.org/I55952717"],"apc_list":null,"apc_paid":null,"fwci":0.3321,"has_fulltext":false,"cited_by_count":31,"citation_normalized_percentile":{"value":0.64062118,"is_in_top_1_percent":false,"is_in_top_10_percent":false},"cited_by_percentile_year":{"min":89,"max":98},"biblio":{"volume":"11","issue":"03","first_page":"263","last_page":"281"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T12135","display_name":"Fuzzy Systems and Optimization","score":0.9898999929428101,"subfield":{"id":"https://openalex.org/subfields/2613","display_name":"Statistics and Probability"},"field":{"id":"https://openalex.org/fields/26","display_name":"Mathematics"},"domain":{"id":"https://openalex.org/domains/3","display_name":"Physical Sciences"}},"topics":[{"id":"https://openalex.org/T12135","display_name":"Fuzzy Systems and Optimization","score":0.9898999929428101,"subfield":{"id":"https://openalex.org/subfields/2613","display_name":"Statistics and Probability"},"field":{"id":"https://openalex.org/fields/26","display_name":"Mathematics"},"domain":{"id":"https://openalex.org/domains/3","display_name":"Physical Sciences"}},{"id":"https://openalex.org/T10050","display_name":"Multi-Criteria Decision Making","score":0.9865000247955322,"subfield":{"id":"https://openalex.org/subfields/1803","display_name":"Management Science and Operations Research"},"field":{"id":"https://openalex.org/fields/18","display_name":"Decision Sciences"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10820","display_name":"Fuzzy Logic and Control Systems","score":0.9603000283241272,"subfield":{"id":"https://openalex.org/subfields/1702","display_name":"Artificial Intelligence"},"field":{"id":"https://openalex.org/fields/17","display_name":"Computer Science"},"domain":{"id":"https://openalex.org/domains/3","display_name":"Physical Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/investment","display_name":"Investment (military)","score":0.6913836002349854},{"id":"https://openalex.org/keywords/fuzzy-logic","display_name":"Fuzzy logic","score":0.667510986328125},{"id":"https://openalex.org/keywords/rate-of-return","display_name":"Rate of return","score":0.6028315424919128},{"id":"https://openalex.org/keywords/net-present-value","display_name":"Net present value","score":0.5780655741691589},{"id":"https://openalex.org/keywords/set","display_name":"Set (abstract data type)","score":0.5741531848907471},{"id":"https://openalex.org/keywords/rank","display_name":"Rank (graph theory)","score":0.5641899108886719},{"id":"https://openalex.org/keywords/fuzzy-set","display_name":"Fuzzy set","score":0.5557934045791626},{"id":"https://openalex.org/keywords/internal-rate-of-return","display_name":"Internal rate of return","score":0.5537223219871521},{"id":"https://openalex.org/keywords/value","display_name":"Value (mathematics)","score":0.501129150390625},{"id":"https://openalex.org/keywords/fuzzy-number","display_name":"Fuzzy number","score":0.4906996488571167},{"id":"https://openalex.org/keywords/cash-flow","display_name":"Cash flow","score":0.4879750609397888},{"id":"https://openalex.org/keywords/expected-return","display_name":"Expected return","score":0.47171327471733093},{"id":"https://openalex.org/keywords/present-value","display_name":"Present value","score":0.4546040892601013},{"id":"https://openalex.org/keywords/econometrics","display_name":"Econometrics","score":0.4344015419483185},{"id":"https://openalex.org/keywords/economics","display_name":"Economics","score":0.3896508514881134},{"id":"https://openalex.org/keywords/computer-science","display_name":"Computer science","score":0.3684210181236267},{"id":"https://openalex.org/keywords/actuarial-science","display_name":"Actuarial science","score":0.3546888530254364},{"id":"https://openalex.org/keywords/microeconomics","display_name":"Microeconomics","score":0.32811471819877625},{"id":"https://openalex.org/keywords/mathematics","display_name":"Mathematics","score":0.3052445352077484},{"id":"https://openalex.org/keywords/financial-economics","display_name":"Financial economics","score":0.2152710258960724},{"id":"https://openalex.org/keywords/production","display_name":"Production (economics)","score":0.21178928017616272},{"id":"https://openalex.org/keywords/finance","display_name":"Finance","score":0.1702289581298828},{"id":"https://openalex.org/keywords/statistics","display_name":"Statistics","score":0.16003909707069397},{"id":"https://openalex.org/keywords/portfolio","display_name":"Portfolio","score":0.14878594875335693},{"id":"https://openalex.org/keywords/artificial-intelligence","display_name":"Artificial intelligence","score":0.1431940197944641}],"concepts":[{"id":"https://openalex.org/C27548731","wikidata":"https://www.wikidata.org/wiki/Q88272","display_name":"Investment (military)","level":3,"score":0.6913836002349854},{"id":"https://openalex.org/C58166","wikidata":"https://www.wikidata.org/wiki/Q224821","display_name":"Fuzzy logic","level":2,"score":0.667510986328125},{"id":"https://openalex.org/C86637286","wikidata":"https://www.wikidata.org/wiki/Q7317264","display_name":"Rate of return","level":2,"score":0.6028315424919128},{"id":"https://openalex.org/C181230689","wikidata":"https://www.wikidata.org/wiki/Q192472","display_name":"Net present value","level":3,"score":0.5780655741691589},{"id":"https://openalex.org/C177264268","wikidata":"https://www.wikidata.org/wiki/Q1514741","display_name":"Set (abstract data type)","level":2,"score":0.5741531848907471},{"id":"https://openalex.org/C164226766","wikidata":"https://www.wikidata.org/wiki/Q7293202","display_name":"Rank (graph theory)","level":2,"score":0.5641899108886719},{"id":"https://openalex.org/C42011625","wikidata":"https://www.wikidata.org/wiki/Q1055058","display_name":"Fuzzy set","level":3,"score":0.5557934045791626},{"id":"https://openalex.org/C37917861","wikidata":"https://www.wikidata.org/wiki/Q507477","display_name":"Internal rate of return","level":3,"score":0.5537223219871521},{"id":"https://openalex.org/C2776291640","wikidata":"https://www.wikidata.org/wiki/Q2912517","display_name":"Value (mathematics)","level":2,"score":0.501129150390625},{"id":"https://openalex.org/C1883856","wikidata":"https://www.wikidata.org/wiki/Q3407463","display_name":"Fuzzy number","level":4,"score":0.4906996488571167},{"id":"https://openalex.org/C163428354","wikidata":"https://www.wikidata.org/wiki/Q1047513","display_name":"Cash flow","level":2,"score":0.4879750609397888},{"id":"https://openalex.org/C154611145","wikidata":"https://www.wikidata.org/wiki/Q4331879","display_name":"Expected return","level":3,"score":0.47171327471733093},{"id":"https://openalex.org/C6927289","wikidata":"https://www.wikidata.org/wiki/Q1100466","display_name":"Present value","level":2,"score":0.4546040892601013},{"id":"https://openalex.org/C149782125","wikidata":"https://www.wikidata.org/wiki/Q160039","display_name":"Econometrics","level":1,"score":0.4344015419483185},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.3896508514881134},{"id":"https://openalex.org/C41008148","wikidata":"https://www.wikidata.org/wiki/Q21198","display_name":"Computer science","level":0,"score":0.3684210181236267},{"id":"https://openalex.org/C162118730","wikidata":"https://www.wikidata.org/wiki/Q1128453","display_name":"Actuarial science","level":1,"score":0.3546888530254364},{"id":"https://openalex.org/C175444787","wikidata":"https://www.wikidata.org/wiki/Q39072","display_name":"Microeconomics","level":1,"score":0.32811471819877625},{"id":"https://openalex.org/C33923547","wikidata":"https://www.wikidata.org/wiki/Q395","display_name":"Mathematics","level":0,"score":0.3052445352077484},{"id":"https://openalex.org/C106159729","wikidata":"https://www.wikidata.org/wiki/Q2294553","display_name":"Financial economics","level":1,"score":0.2152710258960724},{"id":"https://openalex.org/C2778348673","wikidata":"https://www.wikidata.org/wiki/Q739302","display_name":"Production (economics)","level":2,"score":0.21178928017616272},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.1702289581298828},{"id":"https://openalex.org/C105795698","wikidata":"https://www.wikidata.org/wiki/Q12483","display_name":"Statistics","level":1,"score":0.16003909707069397},{"id":"https://openalex.org/C2780821815","wikidata":"https://www.wikidata.org/wiki/Q5340806","display_name":"Portfolio","level":2,"score":0.14878594875335693},{"id":"https://openalex.org/C154945302","wikidata":"https://www.wikidata.org/wiki/Q11660","display_name":"Artificial intelligence","level":1,"score":0.1431940197944641},{"id":"https://openalex.org/C199539241","wikidata":"https://www.wikidata.org/wiki/Q7748","display_name":"Law","level":1,"score":0.0},{"id":"https://openalex.org/C94625758","wikidata":"https://www.wikidata.org/wiki/Q7163","display_name":"Politics","level":2,"score":0.0},{"id":"https://openalex.org/C114614502","wikidata":"https://www.wikidata.org/wiki/Q76592","display_name":"Combinatorics","level":1,"score":0.0},{"id":"https://openalex.org/C17744445","wikidata":"https://www.wikidata.org/wiki/Q36442","display_name":"Political science","level":0,"score":0.0},{"id":"https://openalex.org/C199360897","wikidata":"https://www.wikidata.org/wiki/Q9143","display_name":"Programming language","level":1,"score":0.0}],"mesh":[],"locations_count":1,"locations":[{"id":"doi:10.1142/s0218488503002077","is_oa":false,"landing_page_url":"https://doi.org/10.1142/s0218488503002077","pdf_url":null,"source":{"id":"https://openalex.org/S69518169","display_name":"International Journal of Uncertainty Fuzziness and Knowledge-Based Systems","issn_l":"0218-4885","issn":["0218-4885","1793-6411"],"is_oa":false,"is_in_doaj":false,"is_core":true,"host_organization":"https://openalex.org/P4310319815","host_organization_name":"World Scientific","host_organization_lineage":["https://openalex.org/P4310319815"],"host_organization_lineage_names":["World Scientific"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"International Journal of Uncertainty, Fuzziness and Knowledge-Based Systems","raw_type":"journal-article"}],"best_oa_location":null,"sustainable_development_goals":[],"awards":[],"funders":[],"has_content":{"grobid_xml":false,"pdf":false},"content_urls":null,"referenced_works_count":34,"referenced_works":["https://openalex.org/W582410855","https://openalex.org/W617882436","https://openalex.org/W1113404192","https://openalex.org/W1964714279","https://openalex.org/W1967056914","https://openalex.org/W1974006526","https://openalex.org/W1978985158","https://openalex.org/W1979366876","https://openalex.org/W1979401654","https://openalex.org/W1980658119","https://openalex.org/W1989563711","https://openalex.org/W2004670931","https://openalex.org/W2007284387","https://openalex.org/W2008073791","https://openalex.org/W2018753310","https://openalex.org/W2021948638","https://openalex.org/W2027220547","https://openalex.org/W2038345886","https://openalex.org/W2048476919","https://openalex.org/W2069107031","https://openalex.org/W2085386836","https://openalex.org/W2086393750","https://openalex.org/W2089624753","https://openalex.org/W2092101768","https://openalex.org/W2135768946","https://openalex.org/W2160333451","https://openalex.org/W2291409357","https://openalex.org/W2330154196","https://openalex.org/W2891094750","https://openalex.org/W2891802031","https://openalex.org/W2912565176","https://openalex.org/W3010279532","https://openalex.org/W4211007335","https://openalex.org/W4243481128"],"related_works":["https://openalex.org/W3036515860","https://openalex.org/W3216804231","https://openalex.org/W3037899963","https://openalex.org/W4285520573","https://openalex.org/W2350103170","https://openalex.org/W4482402","https://openalex.org/W4286611572","https://openalex.org/W2122856254","https://openalex.org/W2613159159","https://openalex.org/W171662837"],"abstract_inverted_index":{"This":[0],"paper":[1],"shows":[2],"how":[3,80,85],"Fuzzy":[4],"Set":[5],"Theory":[6],"can":[7],"be":[8],"used":[9],"in":[10],"investment":[11,54,90],"analysis":[12,55],"when,":[13],"as":[14,56],"usual,":[15],"these":[16],"investments":[17,83],"are":[18,73,95],"developed":[19],"under":[20],"uncertainty,":[21],"i.e.":[22],"the":[23,36,40,42,57,62,70,88,93],"investor":[24],"has":[25],"only":[26],"subjective":[27],"estimates":[28],"based":[29],"on":[30],"his":[31],"experience":[32],"or":[33],"knowledge":[34],"about":[35],"future":[37],"cash-flows":[38],"of":[39,65],"investments,":[41],"discount":[43],"rate,":[44],"etc.":[45],"In":[46],"particular,":[47],"we":[48,77],"will":[49,78],"develop":[50],"basic":[51],"concepts":[52],"for":[53],"Net":[58],"Present":[59],"Value":[60],"and":[61,84,102],"Internal":[63],"Rate":[64],"Return":[66],"by":[67,98],"assuming":[68],"that":[69],"initial":[71],"data":[72],"fuzzy":[74,100],"numbers.":[75],"Later":[76],"analyse":[79],"to":[81,86],"rank":[82],"select":[87],"tangible":[89],"portfolios":[91],"when":[92],"magnitudes":[94],"estimated":[96],"subjectively":[97],"comparing":[99],"numbers":[101],"with":[103],"possibilistic":[104],"mathematical":[105],"programming.":[106]},"counts_by_year":[{"year":2024,"cited_by_count":2},{"year":2023,"cited_by_count":5},{"year":2022,"cited_by_count":2},{"year":2021,"cited_by_count":1},{"year":2020,"cited_by_count":1},{"year":2019,"cited_by_count":3},{"year":2018,"cited_by_count":3},{"year":2016,"cited_by_count":1},{"year":2015,"cited_by_count":1},{"year":2014,"cited_by_count":1},{"year":2013,"cited_by_count":1}],"updated_date":"2026-05-21T06:26:12.895304","created_date":"2025-10-10T00:00:00"}
