Value function computation in fuzzy models by differential evolution

Maria Guerra, Laerte Sorini () and Luciano Stefanini ()
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Laerte Sorini: Department of Economics, Society & Politics, Università di Urbino "Carlo Bo"

No 1311, Working Papers from University of Urbino Carlo Bo, Department of Economics, Society & Politics - Scientific Committee - L. Stefanini & G. Travaglini

Abstract: In this paper we show that the possibilistic mean values produce computation results that may differ in a non trivial may from those obtained with the fuzzy extension principle. The evidence is carried out by comparing some examples derived from several models in finance and economics.

Keywords: Fuzzy numbers; Extension principle; Differential evolution. (search for similar items in EconPapers)
JEL-codes: C02 C61 (search for similar items in EconPapers)
Pages: 12 pages
Date: 2013, Revised 2013
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http://www.econ.uniurb.it/RePEc/urb/wpaper/WP_13_11.pdf First version, 2013 (application/pdf)

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Persistent link: https://EconPapers.repec.org/RePEc:urb:wpaper:13_11

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