A Laplace's principle based approach for solving fuzzy matrix games

We introduce a solution for matrix games with fuzzy payoffs via the α -cuts and the introduction of Nature as a third player expressing the uncertainty involved in the game. The beliefs of players about the behavior of Nature are based on the Laplace’s principle of “insufficient reason”. Moreover, w...

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Main Author: Larbani, Moussa
Format: Book Chapter
Language:English
Published: NOVA Publisher 2010
Subjects:
Online Access:http://irep.iium.edu.my/13485/1/NOVA_PUblisher_Paper_PDF.pdf
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author Larbani, Moussa
author_facet Larbani, Moussa
author_sort Larbani, Moussa
collection IIUM
description We introduce a solution for matrix games with fuzzy payoffs via the α -cuts and the introduction of Nature as a third player expressing the uncertainty involved in the game. The beliefs of players about the behavior of Nature are based on the Laplace’s principle of “insufficient reason”. Moreover, we provide a procedure for computing the introduced solution.
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spelling oai:generic.eprints.org:134852011-12-28T02:47:16Z http://irep.iium.edu.my/13485/ A Laplace's principle based approach for solving fuzzy matrix games Larbani, Moussa HB131 Methodology.Mathematical economics. Quantitative methods We introduce a solution for matrix games with fuzzy payoffs via the α -cuts and the introduction of Nature as a third player expressing the uncertainty involved in the game. The beliefs of players about the behavior of Nature are based on the Laplace’s principle of “insufficient reason”. Moreover, we provide a procedure for computing the introduced solution. NOVA Publisher 2010 Book Chapter PeerReviewed application/pdf en http://irep.iium.edu.my/13485/1/NOVA_PUblisher_Paper_PDF.pdf Larbani, Moussa (2010) A Laplace's principle based approach for solving fuzzy matrix games. In: Advances in mathematics research. NOVA Publisher, New York, pp. 1-27. ISBN 9781617618994
spellingShingle HB131 Methodology.Mathematical economics. Quantitative methods
Larbani, Moussa
A Laplace's principle based approach for solving fuzzy matrix games
title A Laplace's principle based approach for solving fuzzy matrix games
title_full A Laplace's principle based approach for solving fuzzy matrix games
title_fullStr A Laplace's principle based approach for solving fuzzy matrix games
title_full_unstemmed A Laplace's principle based approach for solving fuzzy matrix games
title_short A Laplace's principle based approach for solving fuzzy matrix games
title_sort laplace s principle based approach for solving fuzzy matrix games
topic HB131 Methodology.Mathematical economics. Quantitative methods
url http://irep.iium.edu.my/13485/1/NOVA_PUblisher_Paper_PDF.pdf
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