We review two existing interpretations of fuzzy random variables. In the first one, the fuzzy random variable is viewed as a linguistic random variable. In the second case, it re...
Abstract-- A portfolio model to minimize the risk of falling under uncertainty is discussed. The risk of falling is represented by the value-at-risk of rate of return. Introducing ...
A fuzzy random variable is viewed as the imprecise observation of the outcomes in a random experiment. Since randomness and vagueness coexist in the same framework, it seems reaso...