An application of calculated fuzzy risk1
Information SciencesPublished 1 May 2002
Chaoqun Huang
Citations51
SJR quartileQ1
SJR score1.80
SNIP1.98
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TL;DR
The interior-outer-set model is used to calculate the risk of crop flood and order farming alternatives for Huarong County, China, where only a small sample of eight observations is available and the result shows, aside subjective assessment, the fuzzy risk can also be calculated.
Abstract
In this paper, we use the interior-outer-set model to calculate the risk of crop flood and order farming alternatives for Huarong County, China, where only a small sample of eight observations is available. Any risk assessment from the data must be imprecise. The risk calculated by this suggested model is a particular case among imprecise probabilities, called possibility–probability distribution. We discuss in detail how to order alternatives based on a possibility–probability distribution. The result shows, aside subjective assessment, the fuzzy risk can also be calculated. The comparison shows that the ordering based on a calculated fuzzy risk is better than one based on a histogram estimate.
Keywords
MathematicsDecision SciencesEngineering
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