Fuzzy Difference Equation in Finance


Sabri Ali U., Can E., Bayrak M. A.

international journal of scientific and innovative mathematical research, vol.2, no.8, 2014 (Peer-Reviewed Journal)

Abstract

Fuzzy difference equations initially introduced by Kendel and Byatt [1,2]. An important effort to study of equations has been made by Buckley[3]. In this work we apply the method of fuzzy difference equations to study same problems in finance. As a source of different cases of finance equations we use the work by Chrysafis, Papadopolous, Papaschinopoulos [4,13,16,17]. To illustrate the applicability of the method we give numerical examples.