| Article ID: | iaor20031546 |
| Country: | China |
| Volume: | 29 |
| Issue: | 10 |
| Start Page Number: | 37 |
| End Page Number: | 40 |
| Publication Date: | Oct 2001 |
| Journal: | Journal of Huazhong University of Science and Technology |
| Authors: | Song Yexin, Wu Xiaoping, Chen Mianyun, Zheng Zhisong |
| Keywords: | fuzzy sets |
This paper investigates a type of uncertain decision-making problem with fuzzy probability and fuzzy payoff assessment. The consistency of the probability assessment is considered. A method for obtaining the expected fuzzy payoff of a strategy in the face of fuzzy information is proposed. The optimal strategy is determined by comparing the expected fuzzy payoffs. Finally, a numerical example is given to illustrate the proposed method. The results show the approach is simple, reasonable and easy to implement.