• Proceedings of the Korean Institute of Intelligent Systems Conference
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• 2004.04a
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• pp.394-397
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• 2004

In this paper, we consider interval number-valued random variables and fuzzy number-valued random variables and discuss Choquet integrals of them. Using these properties, we define the Choquet expected value of fuzzy number-valued random variables which is a natural generalization of the Lebesgue expected value of Lebesgue expected value of fuzzy random variables. Furthermore, we discuss some application of them.

• Journal of the Korean Data and Information Science Society
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• v.15 no.2
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• pp.495-498
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• 2004

In this note, we consider several types of convergence theorems for the expected value of fuzzy variables defined by Liu and Liu [IEEE Trans. Fuzzy Systems, 10(2002), 445-450].

• Journal of the Korean Institute of Intelligent Systems
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• v.15 no.1
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• pp.98-103
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• 2005

In this paper, we consider interval number-valued random variables and fuzzy number-valued random variables and discuss Choquet integrals of them. Using these properties, we define the Choquet expected value of fuzzy number-valued random variables which is a natural generalization of the Lebesgue expected value of fuzzy random variables. Furthermore, we discuss some application of them.

• Journal of applied mathematics & informatics
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• v.34 no.3_4
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• pp.355-357
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• 2016

Recently, some results of Blackwell's Theorem in which interarrival times are characterized as fuzzy variables under t-norm-based fuzzy operations are discussed by Hong. However, these results are invalid. In this note, we give counter examples of these results.

• International Journal of Fuzzy Logic and Intelligent Systems
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• v.9 no.3
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• pp.219-223
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• 2009

Recently, Zhao et al. [Fuzzy Optimization and Decision Making (2007) 6, 279-295] characterized the interarrival times as fuzzy random variables and presented a fuzzy random elementary renewal theorem on the limit value of the expected renewal rate of the process in the fuzzy random renewal process. They also depicted both the interarrival times and rewards are depicted as fuzzy random variables and provided fuzzy random renewal reward theorem on the limit value of the long run expected reward per unit time in the fuzzy random renewal reward process. In this note, we simplify the proofs of two main results of the paper.

• KSCE Journal of Civil and Environmental Engineering Research
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• v.32 no.2D
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• pp.137-145
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• 2012

According to the National Police Agency, the total number of traffic accidents which occurred in 2010 was 226,878. Intersection accidents accounts for 44.8%, the largest portion of the entire traffic accidents. An research on the signalized intersection is constantly made, while an research on the unsignalized intersection is yet insufficient. This study selected traffic volume, road width, and sight distance as the input variables which affect unsignalized intersection accidents, and number of accidents as the output variable to build a model using ANFIS(Adaptive Neuro-Fuzzy Inference System). The forecast performance of this model is evaluated by comparing the actual measurement value with the forecasted value. The compatibility is evaluated by R2, the coefficient of determination, along with Mean Absolute Error (MAE) and Mean Square Error (MSE), the indicators which represent the degree of error and distribution. The result shows that the $R^2$ is 0.9817, while MAE and MSE are 0.4773 and 0.3037 respectively, which means that the explanatory power of the model is quite decent. This study is expected to provide the basic data for establishment of safety measure for unsignalized intersection and the improvement of traffic accidents.

• Journal of Intelligence and Information Systems
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• v.23 no.3
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• pp.139-153
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• 2017

Corporate bankruptcy can cause great losses not only to stakeholders but also to many related sectors in society. Through the economic crises, bankruptcy have increased and bankruptcy prediction models have become more and more important. Therefore, corporate bankruptcy has been regarded as one of the major topics of research in business management. Also, many studies in the industry are in progress and important. Previous studies attempted to utilize various methodologies to improve the bankruptcy prediction accuracy and to resolve the overfitting problem, such as Multivariate Discriminant Analysis (MDA), Generalized Linear Model (GLM). These methods are based on statistics. Recently, researchers have used machine learning methodologies such as Support Vector Machine (SVM), Artificial Neural Network (ANN). Furthermore, fuzzy theory and genetic algorithms were used. Because of this change, many of bankruptcy models are developed. Also, performance has been improved. In general, the company's financial and accounting information will change over time. Likewise, the market situation also changes, so there are many difficulties in predicting bankruptcy only with information at a certain point in time. However, even though traditional research has problems that don't take into account the time effect, dynamic model has not been studied much. When we ignore the time effect, we get the biased results. So the static model may not be suitable for predicting bankruptcy. Thus, using the dynamic model, there is a possibility that bankruptcy prediction model is improved. In this paper, we propose RNN (Recurrent Neural Network) which is one of the deep learning methodologies. The RNN learns time series data and the performance is known to be good. Prior to experiment, we selected non-financial firms listed on the KOSPI, KOSDAQ and KONEX markets from 2010 to 2016 for the estimation of the bankruptcy prediction model and the comparison of forecasting performance. In order to prevent a mistake of predicting bankruptcy by using the financial information already reflected in the deterioration of the financial condition of the company, the financial information was collected with a lag of two years, and the default period was defined from January to December of the year. Then we defined the bankruptcy. The bankruptcy we defined is the abolition of the listing due to sluggish earnings. We confirmed abolition of the list at KIND that is corporate stock information website. Then we selected variables at previous papers. The first set of variables are Z-score variables. These variables have become traditional variables in predicting bankruptcy. The second set of variables are dynamic variable set. Finally we selected 240 normal companies and 226 bankrupt companies at the first variable set. Likewise, we selected 229 normal companies and 226 bankrupt companies at the second variable set. We created a model that reflects dynamic changes in time-series financial data and by comparing the suggested model with the analysis of existing bankruptcy predictive models, we found that the suggested model could help to improve the accuracy of bankruptcy predictions. We used financial data in KIS Value (Financial database) and selected Multivariate Discriminant Analysis (MDA), Generalized Linear Model called logistic regression (GLM), Support Vector Machine (SVM), Artificial Neural Network (ANN) model as benchmark. The result of the experiment proved that RNN's performance was better than comparative model. The accuracy of RNN was high in both sets of variables and the Area Under the Curve (AUC) value was also high. Also when we saw the hit-ratio table, the ratio of RNNs that predicted a poor company to be bankrupt was higher than that of other comparative models. However the limitation of this paper is that an overfitting problem occurs during RNN learning. But we expect to be able to solve the overfitting problem by selecting more learning data and appropriate variables. From these result, it is expected that this research will contribute to the development of a bankruptcy prediction by proposing a new dynamic model.