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Types of Complex Fuzzy Relations with Applications in Future Commission Market

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  • Madad Khan
  • Muhammad Zeeshan
  • Seok-Zun Song
  • Sohail Iqbal
  • Sami Ullah Khan

Abstract

In this paper, we introduce types of relations on complex fuzzy sets such as the complex fuzzy (CF) inverse relation, complex fuzzy reflexive relation, complex fuzzy symmetric relation, complex fuzzy antisymmetric relation, complex fuzzy transitive relation, complex fuzzy irreflexive relation, complex fuzzy asymmetric relation, complex fuzzy equivalence relation, and complex fuzzy-order relation. We study some basic results and particular examples of these relations. Moreover, we discuss the applications of complex fuzzy relations in Future Commission Market (FCM). We show that the introduction of CF relations to applications of FCMs can give a significant method for describing the temporal dependence between parameters of a Future Commission Market.

Suggested Citation

  • Madad Khan & Muhammad Zeeshan & Seok-Zun Song & Sohail Iqbal & Sami Ullah Khan, 2021. "Types of Complex Fuzzy Relations with Applications in Future Commission Market," Journal of Mathematics, Hindawi, vol. 2021, pages 1-14, March.
    • Handle: RePEc:hin:jjmath:6685977
    DOI: 10.1155/2021/6685977
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