Intuitionistic Assessment Of Behavioural Present Value*

Abstract

The article discussesd the impact of chosen behavioural factors on the imprecision of present value assessment. The formal model of behavioural present value is offered as a result of this discussion. The behavioural present value is described here as an intuitionistic fuzzy set. The significance of the replacement of a fuzzy set by an intuitionistic fuzzy set is proved.

Keywords

• behavioural finance
• present values
• intuitionistic set
• c65
• g02
• g12