• DocumentCode
    227019
  • Title

    Towards decision making under interval, set-valued, fuzzy, and Z-number uncertainty: A fair price approach

  • Author

    Lorkowski, Joe ; Kreinovich, Vladik ; Aliev, Rafik

  • Author_Institution
    Dept. of Comput. Sci., Univ. of Texas at El Paso, El Paso, TX, USA
  • fYear
    2014
  • fDate
    6-11 July 2014
  • Firstpage
    2244
  • Lastpage
    2253
  • Abstract
    In this paper, we explore one of the possible ways to make decisions under uncertainty: namely, we explain how to define a fair price for a participation in such a decision, and then select an alternative for which the corresponding fair price is the largest. This idea is explained on the examples of interval uncertainty, set-valued, fuzzy, and Z-number uncertainty.
  • Keywords
    decision making; fuzzy set theory; number theory; share prices; Z-number uncertainty; decision making; fair price approach; fuzzy uncertainty; interval uncertainty; set-valued uncertainty; Accuracy; Computer aided software engineering; Decision making; Educational institutions; Electronic mail; Uncertainty; Upper bound;
  • fLanguage
    English
  • Publisher
    ieee
  • Conference_Titel
    Fuzzy Systems (FUZZ-IEEE), 2014 IEEE International Conference on
  • Conference_Location
    Beijing
  • Print_ISBN
    978-1-4799-2073-0
  • Type

    conf

  • DOI
    10.1109/FUZZ-IEEE.2014.6891827
  • Filename
    6891827