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Numerical Version of the Non-Uniform Method for Finding Point Estimates of Uncertain Scaling Constants

Citation

Nikolova, ND and Tenekedjiev, KI, Numerical Version of the Non-Uniform Method for Finding Point Estimates of Uncertain Scaling Constants, Efficiency and Scalability Methods for Computational Intellect, IGI Global, B Igelnik, JM Zurada (ed), USA, pp. 259-292. ISBN 9781466639423 (2013) [Research Book Chapter]

Copyright Statement

Copyright 2013 IGI Global

DOI: doi:10.4018/978-1-4666-3942-3.ch013

Abstract

The chapter focuses on the analysis of scaling constants when constructing a utility function over multi-dimensional prizes. Due to fuzzy rationality, those constants are elicited in an interval form. It is assumed that the decision maker has provided additional information describing the uncertainty of the scaling constants' values within their uncertainty interval. The non-uniform method is presented to find point estimates of the interval scaling constants and to test their unit sum. An analytical solution of the procedure to construct the distribution of the interval scaling constants is provided, along with its numerical realization. A numerical procedure to estimate p-value of the statistical test is also presented. The method allows making an uncertainty description of constants through different types of probability distributions and fuzzy sets.

Item Details

Item Type:Research Book Chapter
Keywords:scaling constants, fuzzy rationality, multi-dimensional prizes
Research Division:Mathematical Sciences
Research Group:Statistics
Research Field:Applied Statistics
Objective Division:Expanding Knowledge
Objective Group:Expanding Knowledge
Objective Field:Expanding Knowledge in the Information and Computing Sciences
Author:Nikolova, ND (Professor Nataliya Nikolova)
Author:Tenekedjiev, KI (Professor Kiril Tenekedjiev)
ID Code:115712
Year Published:2013
Deposited By:Maritime and Logistics Management
Deposited On:2017-04-05
Last Modified:2017-06-15
Downloads:0

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