We present a fuzzy version of theGarman-Kohlhagen (FG-K) formula for pricing European currency option based on the extension principle. In order to keep consistent with the real market, we assume that the interest rate, the spot exchange rate, and the volatility are fuzzy numbers in the FG-K formula. The conditions of a basic proposition about the fuzzy-valued functions of fuzzy subsets are mod...

The most recent approaches of multi-objective optimization constitute application of meta-heuristic algorithms for which, parameter tuning is still a challenge. The present work hybridizes swarm intelligence with fuzzy operators to extend crisp values of the main control parameters into especial fuzzy sets that are constructed based on a number of prescribed facts. Such parameter-less particle ...

Adaptive genetic algorithms dynamically adjust the genetic algorithm connguration during the course of evolving a problem solution in order to ooer an appropriate balance between exploration (overall search in the solution space) and exploitation (localized search in the promising regions discovered in that space). One promising way followed for building adaptive genetic algorithms involves the...

This paper deals with the development of different control techniques such as Fuzzy, Sliding mode, and Sliding Mode fuzzy controllers for the servo drive system. Servomotors are widely used in industry due to their relatively low cost and high reliability. To get high performances we have to control the input variable in uncertainties and disturbance. Two cases are discussed for each control sc...

In this paper, a novel fuzzy rule transfer mechanism for self-constructing neural fuzzy inference networks is being proposed. The features of the proposed method, termed data-driven neural fuzzy system with collaborative fuzzy clustering mechanism (DDNFS-CFCM) are; (1) Fuzzy rules are generated facilely by fuzzy c-means (FCM) and then adapted by the preprocessed collaborative fuzzy clustering (...

This paper presents an indirect adaptive system based on neuro-fuzzy approximators for the speed control of induction motors. The uncertainty including parametric variations, the external load disturbance and unmodeled dynamics is estimated and compensated by designing neuro-fuzzy systems. The contribution of this paper is presenting a stability analysis for neuro-fuzzy speed control of inducti...

in recent years, soft computing methods have generated a large research interest. the synthesis of the fuzzy logic and the evolutionary algorithms is one of these methods. a particular evolutionary algorithm (ea) is differential evolution (de). as for any ea, de algorithm also requires parameters tuning to achieve desirable performance. in this paper tuning the perturbation factor vector of de ...

This paper deals with the design of adaptive fuzzy sliding-mode controllers for the T-S fuzzy model based on the Lyapunov function. It is shown that the Lyapunov function can be used to establish fuzzy sliding surfaces by solving a set of linear matrix inequalities (LMIs). The design of the fuzzy sliding surfaces and the adaptive fuzzy sliding-mode controllers is proposed. The adaptive mechanis...

This paper presents a fuzzy logic based speed control system for a current source PWM inverter fed indirect field oriented control of induction motors (IM). In this work the conventional PI controller is replaced by fuzzy based intelligent controller. The fuzzy logic controller employs different types of membership functions for each parameter for the efficient control of the drive system. The ...