Advantages of fuzzy approach compared to probabilistic approach in project evaluation
Uncertainty is often encountered in relation to randomness or fuzziness. In the case of randomness, it can be described by means of a probability distribution; in the case of fuzziness, the fuzzy theory is applied. In the theoretical part, the authors deal with basic tools for describing both types...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
| Published: |
Entrepreneurship and Sustainability Center
2022-09-01
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| Series: | Entrepreneurship and Sustainability Issues |
| Online Access: | https://jssidoi.org/jesi/article/1008 |