A Proposal for Construction of P-Box

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Palash Dutta
Tazid Ali


Risk assessment is an important aid in the decision making process. Generally two types of uncertainties viz., aleatory uncertainty and
epistemic uncertainty involve in risk assessment. In order to treat epistemic and aleatory uncertainties in risk assessment probability bounds
approach is often used. In this paper we propose a method to construct p-box.



Keywords: Uncertainty, Probability Distribution, Fuzzy set, P-box


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