In many practical situations, we are not satisfied with the accuracy of the existing measurements. There are two possible ways to improve the measurement accuracy:first, instead of a single measurement, we can make repeated measurements; the additional information coming from these additional...

In this paper, the classical theory of two-person cooperative games is extended to two-person cooperative games with interval uncertainty. The core, balancedness, superadditivity and related topics are studied. Solutions called ψ α -values are introduced and characterizations are given....

This paper addresses the issue of conservatism in the stability robustness bound obtained by the Lyapunov matrix equation solution. Ellipsoidal set-theoretical approach is employed to improve the bound on the interval uncertainty of an asymptotically stable linear system for robust stability....

The scientific category of uncertainty refers to that group of terms, an interpretation of which is not unambiguous and exact. In non-eliminability of the category soft content barrier there is an objective transition to the interval uncertainty. This research is an attempt to solve the issue of...

Classification: JEL code C71

This paper provides several answers to the question “How to cope with rationing problems with interval data?” Interval allocation rules which are efficient and reasonable are designed, with special attention to interval bankruptcy problems with standard claims and allocation rules...