| dc.contributor.author | Zmeškal, Zdeněk | |
| dc.date.accessioned | 2007-08-13T11:14:42Z | |
| dc.date.available | 2007-08-13T11:14:42Z | |
| dc.date.issued | 1999 | |
| dc.identifier.citation | Finance a úvěr. 1999, vol. 49, issue 3, p. 168-175. | en |
| dc.identifier.issn | 0015-1920 | |
| dc.identifier.uri | http://hdl.handle.net/10084/61779 | |
| dc.language.iso | cs | en |
| dc.publisher | Univerzita Karlova. Fakulta sociálních věd | en |
| dc.relation.ispartofseries | Finance a úvěr | en |
| dc.relation.uri | https://journal.fsv.cuni.cz/storage/2322_199903zz.pdf | en |
| dc.subject | oceňování aktiv | en |
| dc.subject | fuzzy-stochastický přístup | en |
| dc.subject | effect pricing | en |
| dc.subject | fuzzy-stochastic approach | en |
| dc.title | Fuzzy-stochastický odhad hodnoty firmy jako kupní opce | en |
| dc.title.alternative | Fuzzy-stochastic estimation of a firm value as a call option | en |
| dc.type | article | en |
| dc.identifier.location | Ve fondu ÚK | en |
| dc.description.abstract-en | The author describes a fuzzy-stochastic approach to the valuing of a firm equity.
The Black-Scholes model of valuing call options is set forth and methodology of apprising equity under the B-S model is described.
Typical features of financial decision-making are indeterminacy and vagueness that are often neglected. These aspects also concern the firm equity valuing. Fuzzy-stochastic approach is a very effective instrument for dealing with vagueness and is used in the paper. The author describes and uses the fuzzy set of the T-number type and an extension principle.
The author applies a combination of risk (stochastic) and uncertainty (fuzzy) instruments in calculating a firm value as a call option. Input data are in a form of fuzzy sets, result (firm value) is determined also vaguely as a fuzzy set. An illustrative example is then provided.
The author concludes that the fuzzy-stochastic approach could be considered as an advanced method of a firm value calculation which could express the decision-making conditions very well. | en |
| dc.rights.access | openAccess | |
| dc.type.version | publishedVersion | |
| dc.identifier.wos | 000084027600004 | |