Solving bimatrix games with fuzzy payoffs by introducing Nature as a third player
The paper elaborates on the fuzzy bimatrix games. The payoffs are assumed to be fuzzy intervals with bounded support as defined by Dubois and Prade. A new equilibrium concept is defined for this game by introducing‘Nature’ as a third player and using-cuts. Sufficient conditions for its existence and...
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| Format: | Article |
| Language: | English |
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Elsevier
2009
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| Online Access: | http://irep.iium.edu.my/13477/ http://irep.iium.edu.my/13477/ http://irep.iium.edu.my/13477/ http://irep.iium.edu.my/13477/1/FSS5354.pdf |
| Summary: | The paper elaborates on the fuzzy bimatrix games. The payoffs are assumed to be fuzzy intervals with bounded support as defined by Dubois and Prade. A new equilibrium concept is defined for this game by introducing‘Nature’ as a third player and using-cuts. Sufficient conditions for its existence and a procedure for its computation are provided. |
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