Title :
Discrete risk order and its application in random fuzzy environments
Author :
Huang, Tao ; Diao, Jinghua
Author_Institution :
Naval Univ. of Eng., Tianjin, China
Abstract :
In this paper, we consider the discrete risk order in random fuzzy environments, the concepts and some useful properties of the discrete random fuzzy order, discrete random fuzzy stop-loss order are given. Based on the all random fuzzy orders mentioned above, how the individual claim affects the mean chance of the ultimate ruin are explored in random fuzzy compound binomial ruin risk model.
Keywords :
fuzzy set theory; random processes; risk analysis; binomial ruin risk model; discrete random fuzzy stop loss order; discrete risk order; random fuzzy environments; ultimate ruin; Fuzzy variable; Mean chance; Random fuzzy variable; Risk model; Ruin; Stop-loss order;
Conference_Titel :
Emergency Management and Management Sciences (ICEMMS), 2010 IEEE International Conference on
Conference_Location :
Beijing
Print_ISBN :
978-1-4244-6064-9
DOI :
10.1109/ICEMMS.2010.5563453
