Abstract
Investment decisions of a firm take place in a highly competitive environment. Any attempt to capture the reality in such decisions often results in fuzzy information behaving like fuzzy restrictions. But, for decision making, probabilistic data may be more effective rather than possibilistic data. Therefore, possibilistic data need to be transformed into probabilistic data and this needs a suitable possibility/probability consistency principle (PPCP). This note provides a PPCP and shows that under certain conditions fuzzy information about cashflows can be approximated by normal probability distribution. Then, the tools of the probability theory can be applied for such decisions.
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