Bi-matrix Games with Fuzzy Goals and Fuzzy

  • Authors:
  • V. Vidyottama;S. Chandra;C. R. Bector

  • Affiliations:
  • Department of Mathematics, Indian Institute of Technology, Hauz Khas, India;Department of Mathematics, Indian Institute of Technology, Hauz Khas, India;Department of Business Administration, The University of Manitoba, Manitoba, Canada

  • Venue:
  • Fuzzy Optimization and Decision Making
  • Year:
  • 2004

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Abstract

A bi-matrix game with fuzzy goal is shown to be equivalent to a (crisp) non-linear programming problem in which the objective as well as all constraint functions are linear except two constraint functions, which are quadratic. This equivalence is further extended to bi-matrix games with fuzzy pay-offs, as well as to bi-matrix games with fuzzy goals and fuzzy payoffs, whose equilibrium strategies are conceptualized by employing a suitable ranking (defuzzification) function.