The EU’s search for a new China strategy is driven by the fear of economic dependence on China. There are also concerns about reprisals, particularly in the form of economic sanctions. In offi cial statements, China rejects the use of sanctions and historical data show that it has used...

The combination of experts' probability distributions involved in a due diligence is valuable for encapsulating the accumulated information for decision makers and providing the current state of expert opinion regarding important uncertainties. Therefore, this paper shows how to create and...

Non-financial risk factors play a fundamental role in supporting the competitive position of companies in many of today's industries. Though, assessing these ambiguous factors in a valuation based on a Monte-Carlo simulation is particularly difficult. This paper presents how the fuzzy-set theory...