To have a real option means to have the possibility for a certain period to either choose for or against making an invetsment decision, without binding oneself up front. The real option rule is that one should invest today only if the net present value is high enough to compensate for giving up the value of the option to wait. Because the option to invest loses its value when the investment is ...

Fuzzy decision-making consists in making decisions under complex and uncertain environments where the information can be assessed with fuzzy sets and systems. The aim of this study is to review the main contributions in this field by using a bibliometric approach. For doing so, the article uses a wide range of bibliometric indicators including the citations and the h-index. Moreover, it also us...

Let X denote a locally compact metric space and φ : X → X be a continuous map. In the 1970s L. Zadeh presented an extension principle, helping us to fuzzify the dynamical system (X, φ), i.e., to obtain a map Φ for the space of fuzzy sets on X. We extend an idea mentioned in [P. Diamond, A. Pokrovskii, Chaos, entropy and a generalized extension principle, Fuzzy Sets and Systems 61 (1994)] and we...

In Crisp environment, the notion of cyclic group on a set is well known. We study an extension of this classical notion to the Mfuzzy sets to define the concept of Mcyclic fuzzy groups. By using these cyclic ,M-fuzzy groups, we then define cyclic M-fuzzy group family and investigate its structure properties with applications. 2000AMS Subject classification: 08A72 , 20N25, 03E72, 94D05

holds (but which implies that the space is actually a Menger space). Z̆ikić [2] extended the existence part of their theorem showing that it is enough to consider the case of special sequence tn = 1/ n and that (1) holds for some x = x0 and y = f (x0). The error in her main theorem (and in all consequences) concerns the statement that, under the same conditions, also the uniqueness of fixed poin...

Chiclana, Herrera and Herrera-Viedma studied conditions under which the reciprocity property is maintained in the aggregation of reciprocal fuzzy preference relations using the OWA operator guided by a relative linguistic quantifier. In this note, we focus on the reciprocity in the aggregation of fuzzy preference relations (that is, the additive reciprocity is not assumed) using the OWA operato...

A. George and P. Veeramani, 1994. On some results in fuzzy metric space, Fuzzy Sets and Systems, vol. 64, 395-399. B. Schweizer, H. Sherwood, and R. M. Tardi®,1988. Contractions on PMspace examples and counter examples, Stochastica vol. 1, 5–17. D. Mihet, 2004. A Banach contraction theorem in fuzzy metric spaces, Fuzzy Sets and Systems, vol. 144, 431–439. D. Mihet, 2008. Fuzzy -contractive mapp...

In multiperson decision making situations, it is quite natural that different decision makers who may have different background and knowledge will provide their preferences by different kinds of preference relations. This paper proposes a linguistic multiperson decision making model (LMDMM) based on linguistic preference relations, integrating fuzzy preference relations, different types of mult...

in this paper, a new method is proposed to find the fuzzy optimal solution of fully fuzzy linear programming (abbreviated to fflp) problems. also, we employ linear programming (lp) with equality constraints to find a nonegative fuzzy number vector x which satisfies ax =b, where a is a fuzzy number matrix. then we investigate the existence of a positive solution of fully fuzzy linear system (ffls).