Multi-objective fuzzy regression: A general framework

Multi-objective fuzzy regression: A general framework

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Article ID: iaor2001780
Country: United Kingdom
Volume: 27
Issue: 7/8
Start Page Number: 635
End Page Number: 652
Publication Date: Jun 2000
Journal: Computers and Operations Research
Authors: ,
Keywords: statistics: regression, fuzzy sets, decision theory: multiple criteria
Abstract:

Previous research has shown that in some cases fuzzy regression may perform better than statistical regression. On the other hand, fuzzy regression has also been criticized because it does not allow all data points to influence the estimated parameters, it is sensitive to data outliers, and the prediction intervals become wider as more data are collected. Here, several multi-objective fuzzy regression (MOFR) techniques are developed to overcome these problems by enabling the decision maker to select a non-dominated solution based on the tradeoff between data outliers and prediction vagueness. It is shown that MOFR models provide superior results to existing fuzzy regression techniques; furthermore the existing fuzzy regression approaches and classical least-squares regression are specific cases of the MOFR framework. The methodology is illustrated with rainfall-runoff modeling examples; more specifically, fuzzy linear conceptual rainfall-runoff relationships, which are essential components of hydrologic system models, are analyzed here.

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