Abstract

In this chapter, flaws of the existing methods [5, 10, 11, 12, 14] for solving matrix game with fuzzy payoffs (matrix games in which payoffs are represented as fuzzy numbers) are pointed out. To resolve these flaws, a new method (named as Mehar method) is also proposed to obtain the optimal strategies as well as minimum expected gain of Player I and maximum expected loss of Player II for matrix games with fuzzy payoffs. To illustrate the proposed Mehar method, the existing numerical problems of matrix games with fuzzy payoffs are solved by the proposed Mehar method.

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