Decision theory in conditions of uncertainty (fuzzy decision)
L.L. Lazzari, E.A. Machado, R.H. Pérez. Universidad de Buenos Aires
- Fuzzy Economic Review: FUZZY ECONOMIC REVIEW, Number 0. November 1995
- DOI: 10.25102/fer.1995.01.05
Abstract
The aim of this essay is to propose an alternative study of the model of decision-making in conditions of uncertainty.
The proposition covers: a) a fuzzy treatment of the "state of events", b) an algorithm to obtain the "consequences" of each "course of action", c) a "methodology" with respect to courses of action and, d) the essential inclusion of an "attitude to risk" function in order to transform this primitive method into one which includes a "measurement" between each element in the course of events.