22,514 research outputs found

    Fuzzy inequational logic

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    We present a logic for reasoning about graded inequalities which generalizes the ordinary inequational logic used in universal algebra. The logic deals with atomic predicate formulas of the form of inequalities between terms and formalizes their semantic entailment and provability in graded setting which allows to draw partially true conclusions from partially true assumptions. We follow the Pavelka approach and define general degrees of semantic entailment and provability using complete residuated lattices as structures of truth degrees. We prove the logic is Pavelka-style complete. Furthermore, we present a logic for reasoning about graded if-then rules which is obtained as particular case of the general result

    The use of fuzzy logic and expert systems for rating and pricing firms: a new perspective on valuation.

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    This paper presents an expert system aimed at evaluating firms and business units. It makes use of fuzzy logic and integrates financial, strategic, managerial aspects, processing both quantitative and qualitative information. Twenty-nine value drivers are explicitly taken into account and combined together via “if-then” rules to produce an output. The output is a real number in the interval [0,1], representing the value-creation power of the firm. The system may be used for rating, ranking and pricing firms as well as for assessing the impact of managers’ decisions on value creation and as a tool of corporate governance.Firm valuation, fuzzy logic, expert system, acquisition, rating, pricing

    A Description Logic Framework for Commonsense Conceptual Combination Integrating Typicality, Probabilities and Cognitive Heuristics

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    We propose a nonmonotonic Description Logic of typicality able to account for the phenomenon of concept combination of prototypical concepts. The proposed logic relies on the logic of typicality ALC TR, whose semantics is based on the notion of rational closure, as well as on the distributed semantics of probabilistic Description Logics, and is equipped with a cognitive heuristic used by humans for concept composition. We first extend the logic of typicality ALC TR by typicality inclusions whose intuitive meaning is that "there is probability p about the fact that typical Cs are Ds". As in the distributed semantics, we define different scenarios containing only some typicality inclusions, each one having a suitable probability. We then focus on those scenarios whose probabilities belong to a given and fixed range, and we exploit such scenarios in order to ascribe typical properties to a concept C obtained as the combination of two prototypical concepts. We also show that reasoning in the proposed Description Logic is EXPTIME-complete as for the underlying ALC.Comment: 39 pages, 3 figure

    Neutrality and Many-Valued Logics

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    In this book, we consider various many-valued logics: standard, linear, hyperbolic, parabolic, non-Archimedean, p-adic, interval, neutrosophic, etc. We survey also results which show the tree different proof-theoretic frameworks for many-valued logics, e.g. frameworks of the following deductive calculi: Hilbert's style, sequent, and hypersequent. We present a general way that allows to construct systematically analytic calculi for a large family of non-Archimedean many-valued logics: hyperrational-valued, hyperreal-valued, and p-adic valued logics characterized by a special format of semantics with an appropriate rejection of Archimedes' axiom. These logics are built as different extensions of standard many-valued logics (namely, Lukasiewicz's, Goedel's, Product, and Post's logics). The informal sense of Archimedes' axiom is that anything can be measured by a ruler. Also logical multiple-validity without Archimedes' axiom consists in that the set of truth values is infinite and it is not well-founded and well-ordered. On the base of non-Archimedean valued logics, we construct non-Archimedean valued interval neutrosophic logic INL by which we can describe neutrality phenomena.Comment: 119 page

    Multi-criteria decision making with linguistic labels: a comparison of two methodologies applied to energy planning

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    This paper compares two multi-criteria decision making (MCDM) approaches based on linguistic label assessment. The first approach consists of a modified fuzzy TOPSIS methodology introduced by Kaya and Kahraman in 2011. The second approach, introduced by Agell et al. in 2012, is based on qualitative reasoning techniques for ranking multi-attribute alternatives in group decision-making with linguistic labels. Both approaches are applied to a case of assessment and selection of the most suitable types of energy in a geographical area.Peer ReviewedPostprint (published version
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