Fuzzy regression models to represent electricity market data in deregulated power industry

Author(s):  
T. Niimura ◽  
M. Dhaliwal ◽  
K. Ozawa
2021 ◽  
Vol 25 (2) ◽  
pp. 835-849
Author(s):  
Amir Hamzeh Khammar ◽  
Mohsen Arefi ◽  
Mohammad Ghasem Akbari

2021 ◽  
Author(s):  
Sheng-Hsing Nien ◽  
Liang-Hsuan Chen

Abstract This study develops a mathematical programming approach to establish intuitionistic fuzzy regression models (IFRMs) by considering the randomness and fuzziness of intuitionistic fuzzy observations. In contrast to existing approaches, the IFRMs are established in terms of five ordinary regression models representing the components of the estimated triangular intuitionistic fuzzy response variable. The optimal parameters of the five ordinary regression models are determined by solving the proposed mathematical programming problem, which is linearized to make the resolution process efficient. Based on the concepts of randomness and fuzziness in the formulation processes, the proposed approach can improve on existing approaches’ weaknesses with establishing IFRMs, such as the limitation of symmetrical triangular membership (or non-membership) functions, the determination of parameter signs in the model, and the wide spread of the estimated responses. In addition, some numerical explanatory variables included in the intuitionistic fuzzy observations are also allowed in the proposed approach, even though it was developed for intuitionistic fuzzy observations. In contrast to existing approaches, the proposed approach is general and flexible in applications. Comparisons show that the proposed approach outperforms existing approaches in terms of similarity and distance measures.


Author(s):  
HENGJIN TANG ◽  
SADAAKI MIYAMOTO

Fuzzy c-regression models are known to be useful in real applications, but there are two drawbacks: strong dependency on the predefined number of clusters and sensitiveness against outliers or noises. To avoid these drawbacks, we propose sequential fuzzy regression models based on least absolute deviations which we call SFCRMLAD. This algorithm sequentially extracts one cluster at a time using a method of noise-detection, enabling the automatic determination of clusters and having robustness to noises. We compare this method with the ordinary fuzzy c-regression models based on least squares, fuzzy c-regression models based on least absolute deviations, and moreover sequential fuzzy regression models based on least squares. For this purpose we use a two-dimensional illustrative example whereby characteristics of the four methods are made clear. Moreover a simpler and more efficient algorithm of SFCRMLAD can be used for scalar input and output variables, while a general algorithm of SFCRMLAD uses linear programming solutions for multivariable input. By using the above example, we compare efficiency of different algorithms.


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