The fuzzy approach for estimating the creditworthiness and credit risk of issuers of corporate bonds
The uncertainty in the financial market is often perceived as a risk of deviation from expected results. However, uncertainty is associated with vagueness in the sense of ambiguity or obscurity, which, unlike the risk, is not describable in the form of deterministic or stochastic models. Given the v...
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Format: | Article |
Language: | English |
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EDP Sciences
2019-01-01
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Series: | SHS Web of Conferences |
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Online Access: | https://www.shs-conferences.org/articles/shsconf/pdf/2019/02/shsconf_ies2018_01003.pdf |