| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 4943735 | Fuzzy Sets and Systems | 2017 | 33 Pages |
Abstract
In this paper, we generalize classical results on risk aversion by analyzing the case, when the available data about cash flows are fuzzy numbers, random fuzzy numbers, type-2 fuzzy sets, random type-2 fuzzy sets, etc. We prove that the Arrow-Pratt measures are also risk aversion measures when an agent measures her risk using the Jensen-type operators. We also provide numerous examples of the Jensen-type operators.
Keywords
Related Topics
Physical Sciences and Engineering
Computer Science
Artificial Intelligence
Authors
Marek Kaluszka, MichaÅ Krzeszowiec,