Huei-Wen Lin

Department of Finance and Banking, Aletheia University, 32 Chen-Li Street, 25103, New Taipei City, Taiwan (R.O.C.)

[ 1 ] - PRICING STOCKS BY USING FUZZY DIVIDEND DISCOUNT MODELS

Although the classical dividend discount model (DDM) is a wellknown and widely used model in evaluating the intrinsic price of common stock, the practical pattern of dividends, required rate of return or growth rate of dividend do not generally coincide with any of the model’s assumptions. It is just the opportunity to develop a fuzzy logic system that takes these vague parameters into account....

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