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The Price equation partitions total evolutionary change into two components. The first component provides an abstract expression of natural selection. The second component subsumes all other evolutionary processes, including changes during…

Populations and Evolution · Quantitative Biology 2012-05-21 Steven A. Frank

The Price equation describes the change in populations. Change concerns some value, such as biological fitness, information or physical work. The Price equation reveals universal aspects for the nature of change, independently of the…

Populations and Evolution · Quantitative Biology 2023-12-27 Steven A. Frank

The Price equation partitions the change in the expected value of a population measure. The first component describes the partial change caused by altered frequencies. The second component describes the partial change caused by altered…

Populations and Evolution · Quantitative Biology 2020-03-23 Steven A. Frank , William Godsoe

In practice, a ranking of objects with respect to given set of criteria is of considerable importance. However, due to lack of knowledge, information of time pressure, decision makers might not be able to provide a (crisp) ranking of…

Artificial Intelligence · Computer Science 2017-03-16 Jiří Mazurek

Pricing of high-dimensional options is a deep problem of the Theoretical Financial Mathematics. In this article we present a new class of L\'{e}vy driven models of stock markets. In our opinion, any market model should be based on a…

Computational Finance · Quantitative Finance 2014-01-10 Alexander Kushpel

Preferential equality is an equivalence relation on fuzzy subsets of finite sets and is a generalization of classical equality of subsets. In this paper we introduce a tightened version of the preferential equality on fuzzy subsets and…

General Mathematics · Mathematics 2024-06-26 Venkat Murali , Sithembele Nkonkobe

Relational representation of knowledge makes it possible to perform all the computations and decision making in a uniform relational way by means of special relational compositions called triangle and square products. In this paper some…

Computational Engineering, Finance, and Science · Computer Science 2007-05-23 Ladislav J. Kohout , Eunjin Kim , Gary Zenz

The concept of a fuzzy number is generalized to the case of a finite carrier set of partially ordered elements, more precisely, a lattice, when a membership function also takes values in a partially ordered set (a lattice). Zadeh's…

Artificial Intelligence · Computer Science 2022-08-15 Dmitry Maximov

Pricing decisions of companies require an understanding of the causal effect of a price change on the demand. When real-life pricing experiments are infeasible, data-driven decision-making must be based on alternative data sources such as…

Applications · Statistics 2024-07-03 Lauri Valkonen , Santtu Tikka , Jouni Helske , Juha Karvanen

In this work, we first define relations on the fuzzy parametrized soft sets and study their properties. We also give a decision making method based on these relations. In approximate reasoning, relations on the fuzzy parametrized soft sets…

Logic · Mathematics 2016-02-12 Irfan Deli , Naim Çağman

The Price equation shows the unity between the fundamental expressions of change in biology, in information and entropy descriptions of populations, and in aspects of thermodynamics. The Price equation partitions the change in the average…

Statistical Mechanics · Physics 2017-05-23 Steven A. Frank

In this paper, generalised intuitionistic fuzzy soft sets and relations on generalised intuitionistic fuzzy soft sets are defined and a few of their properties are studied. An application of generalised intuitionistic fuzzy soft sets in…

General Mathematics · Mathematics 2010-10-13 Bivas Dinda , Tuhin Bera , T. K. Samanta

This paper proposes a multi-class online fuzzy classifier for dynamic environments. A fuzzy classifier comprises a set of fuzzy if-then rules where human users determine the antecedent fuzzy sets beforehand. In contrast, the consequent real…

Machine Learning · Computer Science 2026-02-17 Kensuke Ajimoto , Yuma Yamamoto , Yoshifumi Kusunoki , Tomoharu Nakashima

In economics, there are many ways to describe the interaction between a "seller" and a "buyer". The most common one, with which we interact almost every day, is selling for a fixed price. This option is perfect for selling a mass product,…

General Finance · Quantitative Finance 2024-07-10 O. A. Malafeyev , I. E. Khomenko

It is well known over the recent years that measuring the success of projects under the umbrella of project management is inextricably linked with the associated cost, time, and quality. Most of the previous researches in the field assigned…

Optimization and Control · Mathematics 2024-01-17 Mohammad Sammany , Ahmad Steef , Nedaa Agami , T. Medhat

Bipolar fuzzy relation equations arise as a generalization of fuzzy relation equations considering unknown variables together with their logical connective negations. The occurrence of a variable and the occurrence of its negation…

Artificial Intelligence · Computer Science 2024-10-07 M. Eugenia Cornejo , David Lobo , Jesús Medina

In this paper, we introduce and study a class of games called price-coupling games that arise in many scenarios, especially in the electricity industry. In a price-coupling game, there is a part of the objective function of a player which…

Optimization and Control · Mathematics 2019-01-08 Mathew P. Abraham , Ankur A. Kulkarni

We introduce the concept of indexed identity, where the usual notion of identity is a particular case. Our mathematical framework allows us a generalized method for `indexing' predicates, which corresponds to `fuzzification' of properties,…

Logic · Mathematics 2007-05-23 Adonai S. Sant'Anna

We present a unified logical framework for representing and reasoning about both quantitative and qualitative preferences in fuzzy answer set programming, called fuzzy answer set optimization programs. The proposed framework is vital to…

Artificial Intelligence · Computer Science 2013-04-11 Emad Saad

The Fuzzy Modeling has been applied in a wide variety of fields such as Engineering and Management Sciences and Social Sciences to solve a number Decision Making Problems which involve impreciseness, uncertainty and vagueness in data. In…

Artificial Intelligence · Computer Science 2013-04-29 Arindam Chaudhuri , Kajal De , Dipak Chatterjee
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