Games in Fuzzy Environments

Michael Aristidou and Sudipta Sarangi

Southern Economic Journal, 2006, vol. 72, issue 3, 645-659

Abstract: A noncooperative model of a normal form game is developed using tools from fuzzy set theory. The paper extends the decision theory framework of Bellman and Zadeh (1970) to a game‐theoretic setting. We identify conditions for the existence of equilibrium in this setting and provide a duopoly example. The paper also provides a review of the existing literature on noncooperative fuzzy games and their applications.

Date: 2006
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https://doi.org/10.1002/j.2325-8012.2006.tb00725.x

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Persistent link: https://EconPapers.repec.org/RePEc:wly:soecon:v:72:y:2006:i:3:p:645-659

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