外文翻译---隐蔽性通货膨胀的影响及其应用-精品讲述.doc

PAGE 1 中文2640字 本科毕业论文（设计） 外 文 翻 译 外文出处 Springer-Verlag Berlin Heidelberg,2008,173-182 外文作者 Cengiz Kahraman,Tufan Demirel,and Nihan Demirel 原文： Effects of Inflation under Fuzziness and Some Applications Abstract:This chapter presents the ways of incorporating the parameter fuzzy inflation to the engineering economy analyses. Inflation is a financial parameter difficult to estimate. The fuzzy set theory gives us the possibility of converting linguistic expressions about inflation estimates to numerical values. In the chapter, discounted cash flow techniques including these fuzzy expressions and some numerical examples are given. The obtained results show the interval of the worst and the best possible outcomes when fuzzy inflation rates are taken into account. 1 Introduction Inflation is an increase in the amount of money necessary to obtain the same amount of product or service before the inflated price was present. With the inflation in anytime prices rise and the purchasing power decreases, it takes more dollars for the same amount of goods or services. Deflation is the opposite of inflation. It has the oppositeeffects, with deflation prices decrease and the purchasing power increases. With the deflation, it takes fewer dollars in the future to buy the same amount of goods or services as it does today. The governments can be face to face with the inflation much more commonly than deflation at national economy (Blank and Tarquin 2002,Sharp-Bette and Park 1990, Degarmo et al. 1990, G.nen 1990, Young 1993). Most people are undoubtedly aware that inflation has to do with price increases. What is perhaps less well-known is that the meaning of the word inflation has changed somewhat over time. Originally the word inflation was used to describe a characteristic of money – that its value was eroded. This happens when all prices in an economy rise at the same rate over time. When all prices rise at the same rate,h