On the univariate variability orders of fuzzy random variables

International Journal of Development Research

Volume: 
07
Article ID: 
8209
8 pages
Research Article

On the univariate variability orders of fuzzy random variables

Earnest Lazarus Piriyakumar, J. and Deepa, R.

Abstract: 

In this paper, we study stochastic orders that compare the variability or the dispersion of fuzzy random variable. The most important and common order that has studied in this paper are the convex and the dispersive order. We also study in this paper the excess wealth order which is found to be useful in the increasing order of application. Various related order are also examined in the paper.

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