EconPapers    
Economics at your fingertips  
 

Matrix games with payoffs of belief structures

Xinyang Deng, Qi Liu and Yong Deng

Applied Mathematics and Computation, 2016, vol. 273, issue C, 868-879

Abstract: Imprecise matrix games, such as interval-valued matrix games and fuzzy matrix games, have attracted much interest for a long time. Most of the previous studies on imprecise matrix games mainly focus on the fuzzy uncertainty of payoffs. However, the uncertainties of nonspecificity and discord involved in payoffs are not well addressed so far. The purpose of this paper is to study the matrix game with such types of uncertainties. In order to achieve that purpose, we present a matrix game model with payoffs of belief structures so as to integrate discord and nonspecificity. The proposed model can be used to express more imprecise interactions between players in the reality. Besides, as another main contribution of the study, an effective method for solving matrix games with belief structures payoffs is developed to help us find the equilibrium points of the kind of games. At last, an example is given to illustrate the proposed model and method.

Keywords: Matrix game; Imprecise payoff; Dempster–Shafer evidence theory; Belief function (search for similar items in EconPapers)
Date: 2016
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (5)

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0096300315014071
Full text for ScienceDirect subscribers only

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:apmaco:v:273:y:2016:i:c:p:868-879

DOI: 10.1016/j.amc.2015.10.056

Access Statistics for this article

Applied Mathematics and Computation is currently edited by Theodore Simos

More articles in Applied Mathematics and Computation from Elsevier
Bibliographic data for series maintained by Catherine Liu ().

 
Page updated 2025-03-19
Handle: RePEc:eee:apmaco:v:273:y:2016:i:c:p:868-879