Using Fuzzy Game Theory To Determine The Optimal Strategy For Decision Making

Research Article
Kamalesh Kr. Lal Karn
DOI: 
http://dx.doi.org/10.24327/ijrsr.2018.0906.2225
Subject: 
science
KeyWords: 
Fuzzy payoff matix, Fuzzy two person zero sum game, optimal strategy, fuzzy minimax-maximin creation etc.
Abstract: 

The purpose of the present article is to consider fuzzy game theory for the analysis of the best optimal strategy of industrial decision making process under the uncertain choice of action. We use max- min approximation for establishing minimax- maximin criterion for obtaining best optimal strategy