Empirical comparison of the performance of location estimates of fuzzy number-valued data

© Springer Nature Switzerland AG 2019. Several location measures have already been proposed in the literature in order to summarize the central tendency of a random fuzzy number in a robust way. Among them, fuzzy trimmed means and fuzzy M-estimators of location extend two successful approaches from the real-valued settings. The aim of this work is to present an empirical comparison of different location estimators, including both fuzzy trimmed means and fuzzy M-estimators, to study their differences in finite sample behaviour.status: publishe

A spatial-type interval-valued median for random intervals

© 2018 Informa UK Limited, trading as Taylor & Francis Group. To estimate the central tendency or location of a sample of interval-valued data, a standard statistic is the interval-valued sample mean. Its strong sensitivity to outliers or data changes motivates the search for more robust alternatives. In this respect, a more robust location statistic is studied in this paper. This measure is inspired by the concept of spatial median and makes use of the versatile generalized Bertoluzza's metric between intervals, the so-called dθ distance. The problem of minimizing the mean dθ distance to the values the random interval takes, which defines the spatial-type dθ-median, is analysed. Existence and uniqueness of the sample version are shown. Furthermore, the robustness of this proposal is investigated by deriving its finite sample breakdown point. Finally, a real-life example from the Economics field illustrates the robustness of the sample dθ-median, and simulation studies show some comparisons with respect to the mean and several recently introduced robust location measures for interval-valued data.status: publishe

Contextualized property market models vs. Generalized mass appraisals: An innovative approach

The present research takes into account the current and widespread need for rational valuation methodologies, able to correctly interpret the available market data. An innovative automated valuation model has been simultaneously implemented to three Italian study samples, each one constituted by two-hundred residential units sold in the years 2016-2017. The ability to generate a "unique" functional form for the three different territorial contexts considered, in which the relationships between the influencing factors and the selling prices are specified by different multiplicative coefficients that appropriately represent the market phenomena of each case study analyzed, is the main contribution of the proposed methodology. The method can provide support for private operators in the assessment of the territorial investment conveniences and for the public entities in the decisional phases regarding future tax and urban planning policies

Interval-Valued Kriging Models with Applications in Design Ground Snow Load Prediction

One critical consideration in the design of buildings constructed in the western United States is the weight of settled snow on the roof of the structure. Engineers are tasked with selecting a design snow load that ensures that the building is safe and reliable, without making the construction overly expensive. Western states use historical snow records at weather stations scattered throughout the region to estimate appropriate design snow loads. Various mapping techniques are then used to predict design snow loads between the weather stations. Each state uses different mapping techniques to create their snow load requirements, yet these different techniques have never been compared. In addition, none of the current mapping techniques can account for the uncertainty in the design snow load estimates. We address both issues by formally comparing the existing mapping techniques, as well as creating a new mapping technique that allows the estimated design snow loads to be represented as an interval of values, rather than a single value. In the process, we have improved upon existing methods for creating design snow load requirements and have produced a new tool capable of handling uncertain climate data