A comparison index for interval ordering based on generalized Hukuhara difference

Interval methods is one option for managing uncertainty in optimization problems and in decision management. The precise numerical estimation of coefficients may be meaningless in real-world applications, because data sources are often uncertain, vague and incomplete. In this paper we introduce a comparison index for interval ordering based on the generalized Hukuhara difference; we show that the new index includes the commonly used order relations proposed in literature. The definition of a risk measure guarantees the possibility to quantify a worst-case loss when solving maximization or minimization problems with intervals.