Fuzzy Risk Analysis Vs. Probability Risk Analysis
In this chapter, we discuss the essential difference between fuzzy risk analysis and probability risk analysis. Then, we use the method of the information distribution to improve probability estimate in the probability risk analysis, and we develop the method to calculate the fuzzy risk with respect to the possibility-probability. The benefit of fuzzy risk assessment is that the new result saves more information for risk management.
KeywordsRisk Analysis Fuzzy Number Information Diffusion Information Distribution Frequency Histogram
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