Continuous cooperation: A proposal using a fuzzy multicriteria sorting method

Maisa Mendonça Silva, Ana Paula Cabral Seixas Costa and Ana Paula Henriques de Gusmão

International Journal of Production Economics, 2014, vol. 151, issue C, 67-75

Abstract: Unlike the proposal for a quantitative methodology for transforming discrete games into continuous ones, as in Golman and Page (2010) and Li et al. (2011), this article puts forward a tool that translates real-world cooperative behaviors into continuous levels of cooperation that will, in the next step, be sorted by predefined classes – low, medium and high cooperations – by means of a fuzzy multicriteria decision method. A numerical application was undertaken in order to illustrate the model proposed in a real world context modeled as a (modified) prisoners’ dilemma.

Keywords: Continuous strategies; Game Theory; Fuzzy multicriteria decision (search for similar items in EconPapers)
Date: 2014
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Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:proeco:v:151:y:2014:i:c:p:67-75

DOI: 10.1016/j.ijpe.2014.01.022

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