Solving matrix games with linguistic payoffs

Laxminarayan Sahoo ()
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Laxminarayan Sahoo: Raniganj Girls’ College

International Journal of System Assurance Engineering and Management, 2019, vol. 10, issue 4, No 3, 484-490

Abstract: Abstract In this paper, we introduced a matrix game with linguistic payoffs. In order to solve the matrix game with linguistic payoffs a solution methodology has been proposed. This proposed methodology is based on fuzzy representation of linguistic payoffs and defuzzification of fuzzy payoffs. In this method, the linguistic variable has been represented by fuzzy number. Here, widely known Yager’s Ranking Index method has been utilized for defuzzification of fuzzy number. Finally, to illustrate the solution procedure of the proposed game problem, an example has been provided.

Keywords: Matrix games; Linguistic payoff; Fuzzy number; Fuzzy payoff; Yager ranking index (search for similar items in EconPapers)
Date: 2019
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Citations: View citations in EconPapers (2)

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DOI: 10.1007/s13198-018-0714-0

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