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  • Open Daily: 10am - 10pm
    Alley-side Pickup: 10am - 7pm

    3038 Hennepin Ave Minneapolis, MN
    612-822-4611

Open Daily: 10am - 10pm | Alley-side Pickup: 10am - 7pm
3038 Hennepin Ave Minneapolis, MN
612-822-4611
Grey Game Theory and Its Applications in Economic Decision-Making

Grey Game Theory and Its Applications in Economic Decision-Making

Fang, Zhigeng
Liu, Sifeng
Shi, Hongxing

Hardcover

Series: Systems Evaluation, Prediction, and Decision-Making

Business GeneralEconomicsTechnology & Engineering

ISBN10: 1420087398
ISBN13: 9781420087390
Publisher: Auerbach Publications
Published: Aug 26 2009
Pages: 360
Weight: 1.51
Height: 0.81 Width: 6.14 Depth: 9.21
Language: English

This book establishes a grey matrix game model based on pure and mixed strategies. The author proposes the concepts of grey saddle points, grey mixed strategy solutions, and their corresponding structures and also puts forward the models and methods of risk measurement and evaluation of optimal grey strategies. He raises and solves the problems of grey matrix games. The book includes definitions of the test rules of information distortion experienced during calculation, the design of tokens based on new interval grey numbers, and new arithmetic laws to manipulate grey numbers. These features combine to provide a practical and efficient tool for forecasting real-life economic problems.

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