Counting of finite fuzzy subsets with applications to fuzzy recognition and selection strategies
- Authors: Talwanga, Matiki
- Date: 2015
- Subjects: Möbius transformations , Fuzzy sets , Functions, Zeta , Partitions (Mathematics)
- Language: English
- Type: Thesis , Doctoral , PhD
- Identifier: vital:5431 , http://hdl.handle.net/10962/d1018186
- Description: The counting of fuzzy subsets of a finite set is of great interest in both practical and theoretical contexts in Mathematics. We have used some counting techniques such as the principle of Inclusion-Exclusion and the Mõbius Inversion to enumerate the fuzzy subsets of a finite set satisfying different conditions. These two techniques are interdependent with the M¨obius inversion generalizing the principle of Inclusion-Exclusion. The enumeration is carried out each time we redefine new conditions on the set. In this study one of our aims is the recognition and identification of fuzzy subsets with same features, characteristics or conditions. To facilitate such a study, we use some ideas such as the Hamming distance, mid-point between two fuzzy subsets and cardinality of fuzzy subsets. Finally we introduce the fuzzy scanner of elements of a finite set. This is used to identify elements and fuzzy subsets of a set. The scanning process of identification and recognition facilitates the choice of entities with specified properties. We develop a procedure of selection under the fuzzy environment. This allows us a framework to resolve conflicting issues in the market place.
- Full Text:
- Date Issued: 2015
- Authors: Talwanga, Matiki
- Date: 2015
- Subjects: Möbius transformations , Fuzzy sets , Functions, Zeta , Partitions (Mathematics)
- Language: English
- Type: Thesis , Doctoral , PhD
- Identifier: vital:5431 , http://hdl.handle.net/10962/d1018186
- Description: The counting of fuzzy subsets of a finite set is of great interest in both practical and theoretical contexts in Mathematics. We have used some counting techniques such as the principle of Inclusion-Exclusion and the Mõbius Inversion to enumerate the fuzzy subsets of a finite set satisfying different conditions. These two techniques are interdependent with the M¨obius inversion generalizing the principle of Inclusion-Exclusion. The enumeration is carried out each time we redefine new conditions on the set. In this study one of our aims is the recognition and identification of fuzzy subsets with same features, characteristics or conditions. To facilitate such a study, we use some ideas such as the Hamming distance, mid-point between two fuzzy subsets and cardinality of fuzzy subsets. Finally we introduce the fuzzy scanner of elements of a finite set. This is used to identify elements and fuzzy subsets of a set. The scanning process of identification and recognition facilitates the choice of entities with specified properties. We develop a procedure of selection under the fuzzy environment. This allows us a framework to resolve conflicting issues in the market place.
- Full Text:
- Date Issued: 2015
Real options valuation for South African nuclear waste management using a fuzzy mathematical approach
- Authors: Montsho, Obakeng Johannes
- Date: 2013 , 2013-06-06
- Subjects: Fuzzy mathematics , Real options (Finance) , Fuzzy sets , Business mathematics , Radioactive waste disposal -- South Africa
- Language: English
- Type: Thesis , Masters , MSc
- Identifier: vital:5398 , http://hdl.handle.net/10962/d1003051 , Fuzzy mathematics , Real options (Finance) , Fuzzy sets , Business mathematics , Radioactive waste disposal -- South Africa
- Description: The feasibility of capital projects in an uncertain world can be determined in several ways. One of these methods is real options valuation which arose from financial option valuation theory. On the other hand fuzzy set theory was developed as a mathematical framework to capture uncertainty in project management. The valuation of real options using fuzzy numbers represents an important refinement to determining capital projects' feasibility using the real options approach. The aim of this study is to determine whether the deferral of the decommissioning time (by a decade) of an electricity-generating nuclear plant in South Africa increases decommissioning costs. Using the fuzzy binomial approach, decommissioning costs increase when decommissioning is postponed by a decade whereas use of the fuzzy Black-Scholes approach yields the opposite result. A python code was developed to assist in the computation of fuzzy binomial trees required in our study and the results of the program are incorporated in this thesis. , KMBT_363 , Adobe Acrobat 9.54 Paper Capture Plug-in
- Full Text:
- Date Issued: 2013
- Authors: Montsho, Obakeng Johannes
- Date: 2013 , 2013-06-06
- Subjects: Fuzzy mathematics , Real options (Finance) , Fuzzy sets , Business mathematics , Radioactive waste disposal -- South Africa
- Language: English
- Type: Thesis , Masters , MSc
- Identifier: vital:5398 , http://hdl.handle.net/10962/d1003051 , Fuzzy mathematics , Real options (Finance) , Fuzzy sets , Business mathematics , Radioactive waste disposal -- South Africa
- Description: The feasibility of capital projects in an uncertain world can be determined in several ways. One of these methods is real options valuation which arose from financial option valuation theory. On the other hand fuzzy set theory was developed as a mathematical framework to capture uncertainty in project management. The valuation of real options using fuzzy numbers represents an important refinement to determining capital projects' feasibility using the real options approach. The aim of this study is to determine whether the deferral of the decommissioning time (by a decade) of an electricity-generating nuclear plant in South Africa increases decommissioning costs. Using the fuzzy binomial approach, decommissioning costs increase when decommissioning is postponed by a decade whereas use of the fuzzy Black-Scholes approach yields the opposite result. A python code was developed to assist in the computation of fuzzy binomial trees required in our study and the results of the program are incorporated in this thesis. , KMBT_363 , Adobe Acrobat 9.54 Paper Capture Plug-in
- Full Text:
- Date Issued: 2013
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