The risk response development is one of the main phases in the project risk management that has major impacts on a large-scale project’s success. Since projects are unique, and risks are dynamic through the life of the projects, it is necessary to formulate responses of the important risks. Conventional approaches tend to be less effective in dealing with the imprecise of the risk response deve...

In this paper, we consider the production possibility set with n production units such that the following four principles that governs: inclusion observations, conceivability, immensity and convexity. Our goal is to estimate the output of a same and new production unit with existing production possibility and amount of input is specified. So, initially we find the interval changes of each input...

In this paper, we introduce a function in order to measure the distancebetween two order intervals of fuzzy numbers, and show that this function isa metric. We investigate some properties of this metric, and finally presentan application. We think that this study could provide a more generalframework for researchers studying on interval analysis, fuzzy analysis andfuzzy decision making.

Representation and modeling of economic uncertainty is addressed by different modeling methods, namely stochastic variables and probabilities, interval analysis, and fuzzy numbers, in particular triple estimates. Fo-cusing on discounted cash flow analysis numerical results are presented, comparisons are made between alter-native modeling methods, and characteristics of the methods are discussed.

The multiobjective two person matrix game problem with fuzzy payoffs is considered in this paper. It is assumed that fuzzy payoffs are triangular fuzzy numbers. The problem is converted to several multiobjective matrix game problems with interval payoffs by using the $alpha$-cuts of fuzzy payoffs. By solving these problems some $alpha$-Pareto optimal strategies with some interval outcomes are o...

Dubois and Prade defined an interval-valued expectation of fuzzy numbers, viewing them as consonant random sets. Carlsson and Fullér defined an interval-valued mean value of fuzzy numbers, viewing them as possibility distributions. In this paper we shall introduce the notation of weighted interval-valued possibilistic mean value of fuzzy numbers and investigate its relationship to the interval-...