Title of article :
On matrix games with 2-tuple intuitionistic fuzzy linguistic payoffs
Author/Authors :
Verma, R. Department of Management Control and Information Systems - University of Chile, Chile , Aggarwal, A. University School of Basic and Applied Sciences - Guru Gobind Singh Indraprastha University, India
Abstract :
In real-world decision-making problems, experts often prefer to express their views, regarding problem parameters, in a natural language rather than precise numerical form. Linguistic representation models have been widely used to solve many decision-making problems with qualitative information. Game theory has been found successful applications in a wide range of areas. This paper presents an extensive study of matrix games with qualitative payoffs. The work uses 2-tuple intuitionistic fuzzy linguistic values (2-TIFLVs) to represent the payoffs of the matrix game. We develop the mathematical formulation and concepts of the solutions for matrix games with payoffs represented by 2-TIFLVs. Paper also shows that matrix games with payoffs of 2-TIFLVs have solutions that can be obtained by transforming the matrix game in a pair of linear/nonlinear programming problems. Finally, a real-life numerical is given to illustrate the developed method.
Keywords :
Matrix game , linguistic variables , 2-tuple linguistic model , 2-tuple intuitionistic fuzzy linguistic set , non-linear optimization
Journal title :
Iranian Journal of Fuzzy Systems (IJFS)