The paper is organized as follows: section 2 contains a brief description of the fuzzy calculus with the LU-fuzzy model and in section 3 we describe the detailed algorithms which implement the LU-fuzzy extension principle. Section 4 contains the description of the LU-fuzzy calculator and its illustration to the application in the Black and Scholes fuzzy option pricing.
['Luciano Stefanini', 'Laerte Sorini', 'Maria Letizia Guerra']
A Parameterization of Fuzzy Numbers for Fuzzy Calculus and Application to the Fuzzy Black-Scholes Option Pricing