Combining Fuzzy Imprecision with Probabilistic Uncertainty in Decision Making
Language: English
Published by Springer, J.B. Metzler Jul 1988, 1988
- Softcover
- New
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This item is printed on demand - Print on Demand Titel. Neuware -In the literature of decision analysis it is traditional to rely on the tools provided by probability theory to deal with problems in which uncertainty plays a substantive role. In recent years, however, it has become increasingly clear that uncertainty is a mul tifaceted concept in which some of the important facets do not lend themselves to analysis by probability-based methods. One such facet is that of fuzzy imprecision, which is associated with the use of fuzzy predicates exemplified by small, large, fast, near, likely, etc. To be more specific, consider a proposition such as 'It is very unlikely that the price of oil will decline sharply in the near future,' in which the italicized words play the role of fuzzy predicates. The question is: How can one express the mean ing of this proposition through the use of probability-based methods If this cannot be done effectively in a probabilistic framework, then how can one employ the information provided by the proposition in question to bear on a decision relating to an investment in a company engaged in exploration and marketing of oil As another example, consider a collection of rules of the form 'If X is Ai then Y is B,' j = 1, . . . , n, in which X and Yare real-valued variables and Ai and Bi are fuzzy numbers exemplified by small, large, not very small, close to 5, etc.Springer-Verlag KG, Sachsenplatz 4-6, 1201 Wien 412 pp. Englisch.…
Seller Inventory # 9783540500056
- Title
- Combining Fuzzy Imprecision with Probabilistic Uncertainty in Decision Making
- Author
- Mario Fedrizzi
- Publisher
- Springer, J.B. Metzler Jul 1988
- Publication year
- 1988
- Condition
- Neu
- Binding
- Taschenbuch
- Language
- English
- ISBN 10
- 3540500057
- ISBN 13
- 9783540500056
- Item weight
- 708 grams
- Dimensions
- 244x170x23 mm
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