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

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

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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.

Item Type: Book Chapter
Additional Information: 3917/13485
Subjects: H Social Sciences > HB Economic Theory > HB131 Methodology.Mathematical economics. Quantitative methods
Kulliyyahs/Centres/Divisions/Institutes (Can select more than one option. Press CONTROL button): Kulliyyah of Economics and Management Sciences > Department of Business Administration
Depositing User: Professor Larbani Moussa
Date Deposited: 28 Dec 2011 10:47
Last Modified: 28 Dec 2011 10:47
URI: http://irep.iium.edu.my/id/eprint/13485

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