Highly Influential

Financial decisions are made under the state of indeterminacy. Randomness and fuzziness are two basic forms of indeterminacy. Probability theory (Kolmogorov, 1933) models randomness and fuzzy set theory (Zadeh, 1965) deals with fuzziness. However, in some cases, randomness and fuzziness appear simultaneously in a mathematical system. In order to deal with… (More)

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