A Fuzzy Target Based Model for Decision Making Under Uncertainty

In this paper, we aim at bringing fuzzy targets within the reach of the target-based decision model in decision analysis with uncertainty. After introduced the target-based interpretation of the expected value on which it is implicitly assumed a neutral behavior on attitude about target, we extend the target-based model for decision making under uncertainty using fuzzy targets, making use of Yager´s procedure of converting possibility distributions into probability ones via a simple normalization. We also discuss a target-based framework of attitudinal decision making with uncertainty developed recently by Yager (1999).