Many researches have been carried out in fuzzy linear regression since the past three decades. In this paper, a fuzzy linear regression model based on goal programming is proposed. The proposed model takes into account the centers of fuzzy data as an important feature as well as their spreads....

In this paper we define some almost convergent sequence spaces of fuzzy numbers by using the A-transforms and we also examine topological properties and some inclusion relations for these new sequence spaces.

The. notion of consensus plays an important role in group decision making, particularly when the collective preference structure is generated by a dynamical aggregation process of the single individual preference structures. In this dynamical process of aggregation each single decision maker...

In this paper, we study the space of almost convergent sequences of fuzzy numbers and show that it is complete metric space. We also introduce and discuss the concept of almost statistical convergence of fuzzy numbers.

In the paper it is shown how fuzzy set theory can be used for modeling imprecision and subjectiveness of the problems with a finite number of decision alternatives evaluated with respect to multiple criteria or attributes. The imprecision and subjectiveness appear especially when the decision...

Real option analysis offers interesting insights on the value of assets and on the profitability of investments, which has made real options a growing field of academic research and practical application. Real option valuation is, however, often found to be difficult to understand and to...

We use the basic Black-Scholes equation for pricing European stock options but we allow some of the parameters in the model to be uncertain and we model this uncertainty using fuzzy numbers. We compute the fuzzy number for the call value of option with and without uncertain dividends. This fuzzy...

Quality consultants are used in ISO 9000 implementation projects especially by many small and medium-sized enterprises. Clients do not always appreciate differences between quality consultants. This paper aims to provide an analytical tool to select the best quality consultant providing the most...