Clustering stock price volatility using intuitionistic fuzzy sets

Clustering involves gathering a collection of objects into homogeneous groups or clusters, such that objects in the same cluster are more similar when compared to objects present in other groups. Clustering algorithms that generate a tree of clusters called dendrogram which can be either divisive or agglomerative. The partitional clustering gives a single partition of objects, with a predefined K number of clusters. The most popular partition clustering approaches are: k-means and fuzzy C-means (FCM). In k-means clustering, data are divided into a number of clusters where data elements belong to exactly one cluster. The k-means clustering works well when data elements are well separable. To overcome the problem of non-seprability, FCM and IFCM clustering algorithm were proposed. Here we review the use of FCM/IFCM with reference to the problem of market volatility

Informational Paradigm, management of uncertainty and theoretical formalisms in the clustering framework: A review

Fifty years have gone by since the publication of the first paper on clustering based on fuzzy sets theory. In 1965, L.A. Zadeh had published “Fuzzy Sets” [335]. After only one year, the first effects of this seminal paper began to emerge, with the pioneering paper on clustering by Bellman, Kalaba, Zadeh [33], in which they proposed a prototypal of clustering algorithm based on the fuzzy sets theory

A method to multi-attribute decision making with picture fuzzy information based on Muirhead mean

The recently proposed picture fuzzy set (PFS) is a powerful tool for handling fuzziness and uncertainty. PFS is character-ized by a positive membership degree, a neutral membership degree, and a negative membership degree, making it more suitable and useful than the intuitionistic fuzzy set (IFS) when dealing with multi-attribute decision making (MADM). The aim of this paper is to develop some aggregation operators for fusing picture fuzzy information. Considering the Muirhead mean (MM) is an aggregation technology which can consider the interrelationship among all aggregated ar-guments, we extend MM to picture fuzzy context and propose a family of picture fuzzy Muirhead mean operators. In addition, we investigate some properties and special cases of the proposed operators. Further, we develop a novel meth-od to MADM in which the attribute values take the form of picture fuzzy numbers (PFNs). Finally, a numerical example is provided to illustrate the validity of the proposed method

δ-equality of intuitionistic fuzzy sets: a new proximity measure and applications in medical diagnosis

Intuitionistic fuzzy set is capable of handling uncertainty with counterpart falsities which exist in nature. Proximity measure is a convenient way to demonstrate impractical significance of values of memberships in the intuitionistic fuzzy set. However, the related works of Pappis (Fuzzy Sets Syst 39(1):111–115, 1991), Hong and Hwang (Fuzzy Sets Syst 66(3):383–386, 1994), Virant (2000) and Cai (IEEE Trans Fuzzy Syst 9(5):738–750, 2001) did not model the measure in the context of the intuitionistic fuzzy set but in the Zadeh’s fuzzy set instead. In this paper, we examine this problem and propose new notions of δ-equalities for the intuitionistic fuzzy set and δ-equalities for intuitionistic fuzzy relations. Two fuzzy sets are said to be δ-equal if they are equal to an extent of δ. The applications of δ-equalities are important to fuzzy statistics and fuzzy reasoning. Several characteristics of δ-equalities that were not discussed in the previous works are also investigated. We apply the δ-equalities to the application of medical diagnosis to investigate a patient’s diseases from symptoms. The idea is using δ-equalities for intuitionistic fuzzy relations to find groups of intuitionistic fuzzified set with certain equality or similar degrees then combining them. Numerical examples are given to illustrate validity of the proposed algorithm. Further, we conduct experiments on real medical datasets to check the efficiency and applicability on real-world problems. The results obtained are also better in comparison with 10 existing diagnosis methods namely De et al. (Fuzzy Sets Syst 117:209–213, 2001), Samuel and Balamurugan (Appl Math Sci 6(35):1741–1746, 2012), Szmidt and Kacprzyk (2004), Zhang et al. (Procedia Eng 29:4336–4342, 2012), Hung and Yang (Pattern Recogn Lett 25:1603–1611, 2004), Wang and Xin (Pattern Recogn Lett 26:2063–2069, 2005), Vlachos and Sergiadis (Pattern Recogn Lett 28(2):197– 206, 2007), Zhang and Jiang (Inf Sci 178(6):4184–4191, 2008), Maheshwari and Srivastava (J Appl Anal Comput 6(3):772–789, 2016) and Support Vector Machine (SVM)

The legacy of 50 years of fuzzy sets: A discussion

International audienceThis note provides a brief overview of the main ideas and notions underlying fifty years of research in fuzzy set and possibility theory, two important settings introduced by L.A. Zadeh for representing sets with unsharp boundaries and uncertainty induced by granules of information expressed with words. The discussion is organized on the basis of three potential understanding of the grades of membership to a fuzzy set, depending on what the fuzzy set intends to represent: a group of elements with borderline members, a plausibility distribution, or a preference profile. It also questions the motivations for some existing generalized fuzzy sets. This note clearly reflects the shared personal views of its authors

Some q-rung orthopair fuzzy Muirhead means with their application to multi-attribute group decision making

Recently proposed q-rung orthopair fuzzy set (q-ROFS) is a powerful and effective tool to describe fuzziness, uncertainty and vagueness. The prominent feature of q-ROFS is that the sum and square sum of membership and non-membership degrees are allowed to be greater than one with the sum of qth power of the membership degree and qth power of the non-membership degree is less than or equal to one. This characteristic makes q-ROFS more powerful and useful than intuitionistic fuzzy set (IFS) and Pythagorean fuzzy set (PFS). The aim of this paper is to develop some aggregation operators for fusing q-rung orthopair fuzzy information. As the Muirhead mean (MM) is considered as a useful aggregation technology which can capture interrelationships among all aggregated arguments, we extend the MM to q-rung orthopair fuzzy environment and propose a family of q-rung orthopair fuzzy Muirhead mean operators. Moreover, we investigate some desirable properties and special cases of the proposed operators. Further, we apply the proposed operators to solve multi-attribute group decision making (MAGDM) problems. Finally, a numerical instance as well as some comparative analysis are provided to demonstrate the validity and superiorities of the proposed method

Neutrosophic Crisp Set Theory

Since the world is full of indeterminacy, the Neutrosophics found their place into contemporary research. We now introduce for the first time the notions of Neutrosophic Crisp Sets and Neutrosophic Topology on Crisp Sets. We develop the 2012 notion of Neutrosophic Topological Spaces and give many practical examples. Neutrosophic Science means development and applications of Neutrosophic Logic, Set, Measure, Integral, Probability etc., and their applications in any field. It is possible to define the neutrosophic measure and consequently the neutrosophic integral and neutrosophic probability in many ways, because there are various types of indeterminacies, depending on the problem we need to solve. Indeterminacy is different from randomness. Indeterminacy can be caused by physical space, materials and type of construction, by items involved in the space, or by other factors. In 1965 [51], Zadeh generalized the concept of crisp set by introducing the concept of fuzzy set, corresponding to the situation in which there is no precisely defined set;there are increasing applications in various fields, including probability, artificial intelligence, control systems, biology and economics. Thus, developments in abstract mathematics using the idea of fuzzy sets possess sound footing. In accordance, fuzzy topological spaces were introduced by Chang [12] and Lowen [33]. After the development of fuzzy sets, much attention has been paid to the generalization of basic concepts of classical topology to fuzzy sets and accordingly developing a theory of fuzzy topology [1-58]. In 1983, the intuitionistic fuzzy set was introduced by K. Atanassov [55, 56, 57] as a generalization of the fuzzy set, beyond the degree of membership and the degree of non-membership of each element. In 1999 and 2002, Smarandache [71, 72, 73, 74] defined the notion of Neutrosophic Sets, which is a generalization of Zadeh’s fuzzy set and Atanassov\u27s intuitionistic fuzzy set

The Encyclopedia of Neutrosophic Researchers - vol. 1

This is the first volume of the Encyclopedia of Neutrosophic Researchers, edited from materials offered by the authors who responded to the editor’s invitation. The authors are listed alphabetically. The introduction contains a short history of neutrosophics, together with links to the main papers and books. Neutrosophic set, neutrosophic logic, neutrosophic probability, neutrosophic statistics, neutrosophic measure, neutrosophic precalculus, neutrosophic calculus and so on are gaining significant attention in solving many real life problems that involve uncertainty, impreciseness, vagueness, incompleteness, inconsistent, and indeterminacy. In the past years the fields of neutrosophics have been extended and applied in various fields, such as: artificial intelligence, data mining, soft computing, decision making in incomplete / indeterminate / inconsistent information systems, image processing, computational modelling, robotics, medical diagnosis, biomedical engineering, investment problems, economic forecasting, social science, humanistic and practical achievements