The goal of this paper is to solve a matrix game with fuzzy payoffs. In this paper, a fuzzy matrix game has been considered and its solution methodology has been proposed. In this paper, fuzzy payoff values are assumed to be trapezoidal fuzzy numbers. Then the corresponding matrix game has been converted into crisp game using defuzzification of fuzzy number. Here, widely known signed distance m...

Based on the model of symmetric and asymmetric duopoly option game, this paper discusses the present value of profit flows and the sunk investment costs for the trapezoidal fuzzy number. It constructs the fuzzy expressions of the investment value and investment threshold of followers and leaders under fuzzy environment and conducts numerical analysis. This offers a kind of explanation to the in...

The decision data of human judgments with preferences are often vague in many real life cases. Human judgments with preferences are often unclear and hard to estimate by exact numerical values. So that the traditional ways of using crisp values are inadequate. The relationship among criteria and choosing and rating alternatives based on criterion are often expressed in terms of linguistic terms...

To solve multiple attribute decision making problems with intuitionistic trapezoidal fuzzy information, two optimization models based on the maximizing deviation method, by which the attribute weights can be determined, is established. We utilize the intuitionistic trapezoidal fuzzy weighted geometric mean (ITFWGM) operator to aggregate the intuitionistic trapezoidal fuzzy information correspon...

In this paper, considers the usage of intuitionistic fuzzy numbers in decision making. The values and ambiguities of the membership degree and the non-membership degree for trapezoidal intuitionistic fuzzy number are defined as well as the value-index and ambiguity-index. The proposed ranking method is easily implemented and has a natural interpretation. 2010 AMS Classification: 47S20, 03E72

This paper proposes a new approach based on Bonferroni mean operator and possibility degree to solve fuzzy multi-attribute decision making (FMADM) problems in which the attribute value takes the form of interval type-2 fuzzy numbers. We introduce the concepts of interval possibility mean value and present a new method for calculating the possibility degree of two interval trapezoidal type-2 fuz...

Risk assessment is a popular and important tool in decision making process. Risk assessment is generally performed using models and model is a function of some parameters which are usually affected by uncertainty. Here, we consider that model parameters are affected by epistemic uncertainty. To represent epistemic uncertainty in general triangular fuzzy number or trapezoidal fuzzy numbers are u...

This paper deals with derivation of analytical structures of fuzzy PI controllers consisting of N ≥ 3 number of triangular input fuzzy sets and 2N − 1 number of trapezoidal output fuzzy sets on the universe of discourse of input and output variables, respectively, linear control rules, different T-norms, different T-conorms, different inference methods, and center of area defuzzification method...