The following information was submitted:
Transactions: WSEAS TRANSACTIONS ON MATHEMATICS
Transactions ID Number: 53-580
Full Name: Hsien-lun Wong
Position: Associate Professor
Age: ON
Sex: Male
Address: No 1, Hsinhsing Road, HsinFong, HsinChu
Country: TAIWAN
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E-mail address: alan@mail.must.edu.tw
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Title of the Paper: Fuzzy Time Series Model Incorporating Predictor Variables
Authors as they appear in the Paper: Hsien-lun Wong
Email addresses of all the authors: alan@mail.must.edu.tw
Number of paper pages: 11
Abstract: Abstract: - Prediction is a critical component in decision-making process for business management. Fuzzy Markov model is a common approach for dealing with the prediction of time series. However, not many studies devoted their attention to the effect of the parameters on model fitting for fuzzy Markov model. In the paper, we examine the prediction ability for fuzzy Markov model, based on the data of Taiwan¡¦s exports and foreign exchange rate. The empirical results indicate that fuzzy Markov model performs better for longer period forecasting; moreover, neither increment information nor increasing window base would improve the performance for fuzzy Markov model. An advantage of the paper provides a beneficial knowledge when using Markov model for prediction.
Keywords: Key-words: - Fuzzy time series, Fuzzy Markov model, High order fuzzy relationship, Increment information, Interval partition, Taiwan exports.
EXTENSION of the file: .pdf
Special (Invited) Session: Fuzzy Systems and Applications
Organizer of the Session: Nikos E. Mastorakis,Valeri Mladenov
How Did you learn about congress: fuzzy set, mathmatics
IP ADDRESS: 218.160.233.169
