Intuitionistic fuzzy interpretation of information messages

Intuitionistic fuzzy interpretation of information messages

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Article ID: iaor20063024
Country: Spain
Volume: 4
Issue: 1
Start Page Number: 71
End Page Number: 82
Publication Date: May 1999
Journal: Fuzzy Economic Review
Authors: ,
Keywords: fuzzy sets, economics
Abstract:

The information exchange takes a very important role in several areas of the economic theory. The main question about this process is how the information received can be estimated. In the paper we analyze this exchange of information between a set of informed players and an uninformed player by using the theory of intuitionistic fuzzy logics. The concept of information messages interpretation is introduced and a two stage interpretation rule is analyzed. Then, after using this rule, the construction of aggregate trusts which concern the relationship between the two kinds of players is given.

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