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Purpose The purpose of this paper is to discuss the applicability of investment decision‐making techniques under fuzziness. Design/methodology/approach The paper explains how fuzzy sets can be used in investment decision making. Findings It was found that any classical investment analysis technique can be converted easily to a fuzzy case. Originality/value The paper indicates the necessity for usage of the fuzzy set theory in case of incomplete information.
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Cengiz Kahraman (2011) studied this question.
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