Optimal stopping problems in a stochastic and fuzzy system

Authors
Yoshida, Y Yasuda, M Nakagami, J Kurano, M
Citation
Y. Yoshida et al., Optimal stopping problems in a stochastic and fuzzy system, J MATH ANAL, 246(1), 2000, pp. 135-149
Citations number
15
Categorie Soggetti
Mathematics
Journal title
JOURNAL OF MATHEMATICAL ANALYSIS AND APPLICATIONS
ISSN journal
0022247X → ACNP
Volume
246
Issue
1
Year of publication
2000
Pages
135 - 149
Database
ISI
SICI code
0022-247X(20000601)246:1<135:OSPIAS>2.0.ZU;2-G
Abstract
In a stochastic and fuzzy environment, two kinds of stopping models are dis cussed and compared. The optimal fuzzy stopping times are given under the a ssumptions of monotonicity and regularity for stopping rules. Also, we find that fuzzy stopping times are favored in a comparison between fuzzy and cl assical stopping models. (C) 2000 Academic Press.