Fuzzy expected utility (Q1088871)
From MaRDI portal
scientific article
Language | Label | Description | Also known as |
---|---|---|---|
English | Fuzzy expected utility |
scientific article |
Statements
Fuzzy expected utility (English)
0 references
1986
0 references
A formulation of a decision-maker's imprecision is given here in terms of fuzzy expected utility. The author considers two cases: fuzzy stochastic utility and fuzzy possibilistic utility. A system of axioms for the fuzzy expected utility is proposed and a preference structure in this context is defined. Moreover, existence and continuity of the fuzzy utility function are investigated.
0 references
fuzzy preference relations
0 references
fuzzy expected utility
0 references
fuzzy stochastic utility
0 references
fuzzy possibilistic utility
0 references
0 references