Fuzzy Decision Analysis
- 1 January 1979
- journal article
- research article
- Published by Institute of Electrical and Electronics Engineers (IEEE) in IEEE Transactions on Systems, Man, and Cybernetics
- Vol. 9 (1) , 1-9
- https://doi.org/10.1109/tsmc.1979.4310067
Abstract
Imprecision in decision analysis is modeled using fuzzy-set theory. Fuzziness on the probabilities and utilities used in a decision analysis implies fuzziness on the outputs; a method is suggested for calculating imprecise, though informative, statements about the attractiveness of the different options in a decision tree, which depends on the imprecision of the inputs. A general discussion of the advantages and disadvantages of the approach is given.Keywords
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