A New Continuous-Discrete Fuzzy Model and Its Application in Finance

In this paper, we propose a fuzzy differential-difference equation for modeling of mixed continuous-discrete phenomena. In the special case, we present the general solution of linear fuzzy differential-difference equations. The dynamical process in the intervals is presented by the corresponding fuz...

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Bibliographic Details
Main Authors: Hoang Viet Long, Haifa Bin Jebreen, Y. Chalco-Cano
Format: Article
Language:English
Published: MDPI AG 2020-10-01
Series:Mathematics
Subjects:
Online Access:https://www.mdpi.com/2227-7390/8/10/1808
Description
Summary:In this paper, we propose a fuzzy differential-difference equation for modeling of mixed continuous-discrete phenomena. In the special case, we present the general solution of linear fuzzy differential-difference equations. The dynamical process in the intervals is presented by the corresponding fuzzy differential equation and with impulsive jumps in some points. We illustrate the applicability of the model to study the time value of money.
ISSN:2227-7390