Article ID: | iaor19992608 |
Country: | United Kingdom |
Volume: | 49 |
Issue: | 8 |
Start Page Number: | 854 |
End Page Number: | 860 |
Publication Date: | Aug 1998 |
Journal: | Journal of the Operational Research Society |
Authors: | Iwamura K., Liu B. |
Keywords: | financial, fuzzy sets, finance & banking |
This paper attempts to model capital budgeting problems by chance constrained integer programming in a fuzzy environment (rather than a stochastic environment). Some examples are also provided to illustrate the potential applications of new models. Finally, a fuzzy simulation based genetic algorithm is designed for solving chance constrained integer programming models with fuzzy parameters.