Recent research is recognizing that multiple criteria analysis should take account of the concepts of uncertainty and risk. In some cases, precise determination of the exact value of alternatives and weights of criteria is difficult. Consequently, to deal with these potential problems, their values are regarded as fuzzy and intervals. This paper proposes an interval-valued fuzzy multiple criter...

Interval-valued data can find their practical applications in such situations as recording monthlyinterval temperatures at meteorological stations, daily interval stock prices, etc. The primary objectiveof the presented paper is to compare three different methods of fuzzy clustering for interval-valuedsymbolic data, i.e.: fuzzy c-means clustering, adaptive fuzzy c-means clustering a...

This paper discusses two topics on fuzzy random variables in decision making. One is a new evaluation method of fuzzy random variables, and the other is to present a mathematical model in financial engineering by fuzzy random variables. The evaluation method is introduced as mean values defined by fuzzy measures, and it is also applicable to fuzzy numbers and fuzzy stochastic process defined by...