DECOMPOSABLE FINANCIAL LAWS AND PROFITABILITY

Citation
Sc. Rambaud et Ags. Ventre, DECOMPOSABLE FINANCIAL LAWS AND PROFITABILITY, International journal of uncertainty, fuzziness and knowledge-based systems, 6(4), 1998, pp. 329-344
Citations number
22
Categorie Soggetti
Computer Science Artificial Intelligence","Computer Science Artificial Intelligence
ISSN journal
02184885
Volume
6
Issue
4
Year of publication
1998
Pages
329 - 344
Database
ISI
SICI code
0218-4885(1998)6:4<329:DFLAP>2.0.ZU;2-I
Abstract
An important feature of some financial laws is the decomposability pro perty. This is a theoretical issue for a financial law admitting that the cash flow does not change when the economic subject disinvests and immediately re-invests a capital. Decomposable laws are exponential. in the recent past, the notion of decomposability has been generalized , modelling non homogeneity of the time in financial processes by the action of triangular t-conorms over the times. In this more general se tting, our aim is to compare and measure the advantages or disadvantag es that the economic subject obtains when he interrupts a flow.