Fuzzy Applications in Financial Management

Abstract

Fuzzy set is used in all research fields because of its Uniqueness to define precisely as a methodology. Fuzzy set theory works for imprecision and subjectivity into the model formulation and solution process. As far as financial management is considered it is limited to lot of constraints and is controlled by the specification of model objectivities. As for as business is considered the decision of each point of view is not to be boasted as success nor as failure. It may be assumed as how for the strategy is close to success at present. In this point of view Fuzzy plays a big bass role in decision making in Finance sector. This paper provides a survey of the application Fuzzy set theory in financial management research. For this purpose many citations which had worked using Fuzzy set theory in bringing out the best results was studied and interpretation of it is done using different methods.