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FUZZY LINEAR REGRESSION ANALYSIS FROM THE POINT OF VIEW RISK.

Authors :
Modarres, Mohammad
Nasrabadi, Ebrahim
Nasrabadi, Mohammad Mehdi
Source :
International Journal of Uncertainty, Fuzziness & Knowledge-Based Systems. Oct2004, Vol. 12 Issue 5, p635-649. 15p.
Publication Year :
2004

Abstract

In this paper, fuzzy linear regression models with fuzzy/crisp output, fuzzy/crisp input are considered. In this regard, we define risk-neutral, risk-averse and risk-seeking fuzzy linear regression models. In order to do that, two equality indices are applied to express the degree of equality between a pair of fuzzy numbers. We also develop three mathematical models to obtain the parameters of fuzzy linear regression models. Minimizing the difference between the total spread of the observed and estimated values is the objective of these models. The advantage of our proposed models is the simplicity in programming and computation. [ABSTRACT FROM AUTHOR]

Details

Language :
English
ISSN :
02184885
Volume :
12
Issue :
5
Database :
Academic Search Index
Journal :
International Journal of Uncertainty, Fuzziness & Knowledge-Based Systems
Publication Type :
Academic Journal
Accession number :
15262928
Full Text :
https://doi.org/10.1142/S0218488504003120