EconPapers    
Economics at your fingertips  
 

Quantifiers induced by subjective expected value of sample information with Bernstein polynomials

Kaihong Guo

European Journal of Operational Research, 2016, vol. 254, issue 1, 226-235

Abstract: A kind of personalized quantifier, the so-called SEVSI-induced quantifier as an acronym for Subjective Expected Value of Sample Information, is developed in this paper by introducing Bernstein polynomials of higher degree. This allows us to provide a novel solution to improve the final representation of the quantifier that generally performed poorly in our previous work, thus enhancing the quality of global approximation of functions and improving the operability of this kind of quantifier for practical use. We show some properties of the developed quantifier. We also prove the consistency of the OWA aggregation under the guidance of this type of quantifier. Finally, we experimentally show that the developed quantifier outperforms the one with the piecewise linear interpolation in many aspects of geometrical characteristics and operability. Thus it could be considered as an effective analytical tool to help handle the complex cases involving people's personalities or behavior intentions that have to be considered in decision making under uncertainty.

Keywords: Uncertainty modeling; Personalized quantifier; Bernstein polynomials; Ordered weighted averaging (OWA) aggregation (search for similar items in EconPapers)
Date: 2016
References: Add references at CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0377221716301436
Full text for ScienceDirect subscribers only

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:ejores:v:254:y:2016:i:1:p:226-235

DOI: 10.1016/j.ejor.2016.03.015

Access Statistics for this article

European Journal of Operational Research is currently edited by Roman Slowinski, Jesus Artalejo, Jean-Charles. Billaut, Robert Dyson and Lorenzo Peccati

More articles in European Journal of Operational Research from Elsevier
Bibliographic data for series maintained by Catherine Liu ().

 
Page updated 2025-03-19
Handle: RePEc:eee:ejores:v:254:y:2016:i:1:p:226-235