seismic hazard assessment like many other issues in seismology is a complicated problem, which is due to variety of parameters affecting the occurrence of earthquake. uncertainty, which is a result of vagueness and incompleteness of the data, should be considered in a rationale way. herein, fuzzy set theory is used to take into account the uncertainty existed in the seismic hazard analysis. the...

This paper looks at both the prepayment risks of housing mortgage loan credit default swaps (LCDS) as well as the fuzziness and hesitation of investors as regards prepayments by borrowers. It further discusses the first default pricing of a basket of LCDS in a fuzzy environment by using stochastic analysis and triangular intuition-based fuzzy set theory. Through the 'fuzzification' of the sensi...

Propagating possibilistic and probabilistic variables through a mapping yields a fuzzy random variable. We propose a method to attach probability intervals to events pertaining to the output variable. We show that this method is consistent with classical approaches to fuzzy random variables and that the obtained probability interval is the mean value of the fuzzy probability defined by viewing ...

In this paper, a fuzzy random minimum cost flow problem is presented. In this problem, cost parameters and decision variables are fuzzy random variables and fuzzy numbers respectively. The object of the problem is to find optimal flows of a capacitated network. Then, two algorithms are developed to solve the problem based on Er-expected value of fuzzy random variables and chance-constrained pro...

By using a random version of the theory of contractor introduced by Altman, we introduce and study a system of nonlinear operator equations for a mixed family of fuzzy and crisp operators in probabilistic normed spaces. We construct some new iterative algorithms for solving this kind of nonlinear operator equations. We also prove some new existence theorems of solutions of a new system of nonli...

In this paper the convergence criterion of fuzzy random variable is investigated. An attempt is made to study the equivalence relation of uniform integrability of fuzzy random variables. Mean convergence theorem, Lebesgue dominated convergence theorem and Mean Ergodic theorem for the case of fuzzy random variable are introduced.

In this paper, we construct fuzzy renewal processes involving fuzzy random variables. We first extend the renewal processes to the fuzzy renewal processes where interarrival times, rewards, and stopping times are all fuzzy random variables. According to these fuzzy renewal processes, we then extend some theorems of renewal processes to those in fuzzy renewal processes. These are elementary rene...