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2015

Interval uncertainty

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Full-Text Articles in Physical Sciences and Mathematics

Interval Methods For Data Fitting Under Uncertainty: A Probabilistic Treatment, Vladik Kreinovich, Sergey P. Shary Dec 2015

Interval Methods For Data Fitting Under Uncertainty: A Probabilistic Treatment, Vladik Kreinovich, Sergey P. Shary

Departmental Technical Reports (CS)

How to estimate parameters from observations subject to errors and uncertainty? Very often, the measurement errors are random quantities that can be adequately described by the probability theory. When we know that the measurement errors are normally distributed with zero mean, then the (asymptotically optimal) Maximum Likelihood Method leads to the popular least squares estimates. In many situations, however, we do not know the shape of the error distribution, we only know that the measurement errors are located on a certain interval. Then the maximum entropy approach leads to a uniform distribution on this interval, and the Maximum Likelihood Method …


Decision Making Under Interval (And More General) Uncertainty: Monetary Vs. Utility Approaches, Vladik Kreinovich Nov 2015

Decision Making Under Interval (And More General) Uncertainty: Monetary Vs. Utility Approaches, Vladik Kreinovich

Departmental Technical Reports (CS)

In many situations, e.g., in financial and economic decision making, the decision results either in a money gain (or loss) and/or in the gain of goods that can be exchanged for money or for other goods. In such situations, interval uncertainty means that we do not know the exact amount of money that we will get for each possible decision, we only know lower and upper bounds on this amount. In this case, a natural idea is to assign a fair price to different alternatives, and then to use these fair prices to select the best alternative. In the talk, …


Why It Is Important To Precisiate Goals, Olga Kosheleva, Vladik Kreinovich, Hung T. Nguyen Mar 2015

Why It Is Important To Precisiate Goals, Olga Kosheleva, Vladik Kreinovich, Hung T. Nguyen

Departmental Technical Reports (CS)

After Zadeh and Bellman explained how to optimize a function under fuzzy constraints, there have been many successful applications of this optimization. However, in many practical situations, it turns out to be more efficient to precisiate the objective function before performing optimization. In this paper, we provide a possible explanation for this empirical fact.