Related papers: A generalized Price equation for fuzzy set-mapping…
We look at price formation in a retail setting, that is, companies set prices, and consumers either accept prices or go someplace else. In contrast to most other models in this context, we use a two-dimensional spatial structure for…
We give some inclusion relations for arbitrary fuzzy sets with reference to famous inequalities. In particular, we can know that the bounded sum and the algebraic product go well together. We would like to propose the concept of `Fuzzy Set…
The future value of a security is described as a random variable. Distribution of this random variable is the formal image of risk uncertainty. On the other side, any present value is defined as a value equivalent to the given future value.…
The approach described here allows to use the fuzzy Object Based Representation of imprecise and uncertain knowledge. This representation has a great practical interest due to the possibility to realize reasoning on classification with a…
This paper deals with the resolutions of fuzzy relation equations with addition-min composition. When the fuzzy relation equations have a solution, we first propose an algorithm to find all minimal solutions of the fuzzy relation equations…
It is shown that an aspect of the process of individuation may be thought of as a fuzzy set. The process of individuation has been interpreted as a two-valued problem in the history of philosophy. In this work, I intend to show that such a…
Fuzzy implication functions are a key area of study in fuzzy logic, extending the classical logical conditional to handle truth degrees in the interval $[0,1]$. While existing literature often focuses on a limited number of families, in the…
Software requirement selection is to find an optimal set of requirements that gives the highest value for a release of software while keeping the cost within the budget. However, value-related dependencies among software requirements may…
A multicriteria economic problem is considered: the basic production assets and the labor resources define a set of feasible solutions (alternatives), labor costs, costs of the basic production assets (to be minimized), and cost of the…
Aiming at the group decision - making problem with multi - objective attributes, this study proposes a group decision - making system that integrates fuzzy inference and Bayesian network. A fuzzy rule base is constructed by combining…
Prediction sets offer a binary inclusion/exclusion for each element at the same fixed confidence level. We generalize to fuzzy prediction sets, which exclude elements at their own data-driven confidence level. Our key insight is that a…
This paper introduces the notion of fuzzy process as a formalism for the idea of fuzzy contact between a device and its environment. The notions of absolute correctness and relative correctness are defined. In order to work with concurrency…
In a model with no given probability measure, we consider asset pricing in the presence of frictions and other imperfections and characterize the property of coherent pricing, a notion related to (but much weaker than) the no arbitrage…
We obtain option pricing formulas for stock price models in which the drift and volatility terms are functionals of a continuous history of the stock prices. That is, the stock dynamics follows a nonlinear stochastic functional differential…
The paper proposes another extension of the extremal principle. A new extremality model involving collections of arbitrary families of sets is studied. It generalizes the conventional model based on linear translations of given sets as well…
This paper proposes a novel method for demand forecasting in a pricing context. Here, modeling the causal relationship between price as an input variable to demand is crucial because retailers aim to set prices in a (profit) optimal manner…
In this paper, I obtain an $S$-type fuzzy point when two fuzzy numbers for two independent variables and a corresponding fuzzy number for the dependent variable are given. A comprehensive study on a conceptualization of a fuzzy plane as a…
Options on baskets (linear combinations) of assets are notoriously challenging to price using even the simplest log-normal continuous-time stochastic models for the individual assets. The paper [5] gives a closed form approximation formula…
Modeling relations between components of 3D objects is essential for many geometry editing tasks. Existing techniques commonly rely on labeled components, which requires substantial annotation effort and limits components to a dictionary of…
We present generalization of the Bloom variety theorem of ordered algebras in fuzzy setting. We introduce algebras with fuzzy orders which consist of sets of functions which are compatible with particular binary fuzzy relations called fuzzy…