Skip to main content

An Extension of the Axioms of Utility Theory Based on Fuzzy Rationality Measures

  • Chapter

Part of the book series: Studies in Fuzziness and Soft Computing ((STUDFUZZ,volume 51))

Summary

We present here a (better yet, the problems involved with a) generalization of classical utility theory when basic preferences are stated by means of “rational” fuzzy preference relations. Rationality of fuzzy preference relations will be measured according to general fuzzy rationality measures. A utility function is proposed and introduced by using a “boosting” procedure on the fuzzy preference relations which may assure a linearization of the alternatives, still maintaining or improving rationality.

This is a preview of subscription content, log in via an institution.

Buying options

Chapter
USD   29.95
Price excludes VAT (USA)
  • Available as PDF
  • Read on any device
  • Instant download
  • Own it forever
eBook
USD   84.99
Price excludes VAT (USA)
  • Available as PDF
  • Read on any device
  • Instant download
  • Own it forever
Softcover Book
USD   109.99
Price excludes VAT (USA)
  • Compact, lightweight edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info
Hardcover Book
USD   109.99
Price excludes VAT (USA)
  • Durable hardcover edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info

Tax calculation will be finalised at checkout

Purchases are for personal use only

Learn about institutional subscriptions

Preview

Unable to display preview. Download preview PDF.

Unable to display preview. Download preview PDF.

References

  1. V. Cutello and J. Montero, A model for amalgamation in group decision making, in: J. Villareal, Ed., NAFIPS ‘82, vol. 1 ( N.A.S.A. Conference Publications, Houston, 1992 ) 215–223.

    Google Scholar 

  2. V. Cutello and J. Montero. An axiomatic approach to fuzzy rationality. In: K.C. Min, Ed., IFSA’93 (Korea Fuzzy Mathematics and Systems Society, Seoul, 1993 ), 634–636.

    Google Scholar 

  3. V. Cutello and J. Montero. Equivalence of Fuzzy Rationality Measures. In: H.J. Zimmermann, Ed., EUFIT’93 ( Elite Foundation, Aachen, 1993 ), vol. 1, 344–350.

    Google Scholar 

  4. V. Cutello and J. Montero. Fuzzy rationality measures. Fuzzy sets and Systems 62: 39–54, 1994.

    Article  Google Scholar 

  5. V. Cutello and J. Montero. Equivalence and Composition of Fuzzy rationality measures. Fuzzy sets and Systems, 85 (1): 31–43, 1997.

    Article  Google Scholar 

  6. V. Cutello, J. Montero and G. Sorace On the computational complexity of computing fuzzy rationality degrees In Proceedings of IPMU’96, Information Processing and Management of Uncertainty in Knowledge-Based Systems,B. Bouchon-Meunier, M. Delgado, J.L. Verdegay, M.A. Vila and R.R. Yager, Eds.; pp. 471–475, Granada, July 1–5, 1996, Spain.

    Google Scholar 

  7. V. Cutello and J. Montero. Intelligent agents, fuzzy preferences and utilities. In Proceedings of IPMU’98, Information Processing and Management of Uncertainty in Knowledge-Based Systems,July 1998, Paris, France.

    Google Scholar 

  8. V. Cutello and J. Montero. Fuzzy Rationality and Utility theory axioms. In Proceedings of NAFIPS’99, North American Fuzzy Information Processing Society Conference, New York, NY, 1999, pp. 332–336.

    Google Scholar 

  9. G. Debreu Topological methods in cardinal utility theory In K.J. Arrow, S. Karlin, P. Suppes, Eds. Mathematical Methods in the Social Sciences, Stanford University Press, 1959.

    Google Scholar 

  10. D. Dubois and H. Prade, Fuzzy Sets and Systems: Theory and Applications ( Academic Press, New York, 1980 ).

    Google Scholar 

  11. J.C. Fodor and M. Roubens. Preference modelling and aggregation procedures with valued binary relations. In: R. Lowen and M. Roubens, Eds., Fuzzy Logic ( Kluwer Academic Press, Amsterdam, 1993 ), 29–38.

    Chapter  Google Scholar 

  12. J.C. Fodor and M. Roubens. Valued preference structures. European Journal of Operational Research 79: 277–286 (1994).

    Article  Google Scholar 

  13. J. Fodor and M. Roubens Fuzzy modelling and multicriteria decision support. Kluwer, Dordrecht, 1994.

    Google Scholar 

  14. L. Kitainik. Fuzzy Decision Procedures with Binary Relations. Kluwer Academic Pub., Boston, 1993.

    Book  Google Scholar 

  15. J. Montero and J. Tejada, A necessary and sufficient condition for the existence of Orlovsky’s choice set, Fuzzy Sets and Systems 26 (1988) 121–125.

    Article  Google Scholar 

  16. J. Montero, J. Tejada and V.Cutello. A general model for deriving preference structures from data. European Journal of Operational Research, 98: 98–100, 1997.

    Article  Google Scholar 

  17. K. Nakamura. Preference relations on a set of fuzzy utilities as a basis for decision making. Fuzzy Sets and Systems, 20: 147–162, 1986.

    Article  Google Scholar 

  18. A.M. Norwich and I.B. Turksen. A model for the measurement of membership and the consequences of its empirical implementation. Fuzzy Sets and Systems, 12: 1–25 (1984).

    Article  Google Scholar 

  19. S.E. Orlovski. Calculus of Decomposable Properties, Fuzzy Sets and Decisions. Allerton Press, New York, 1994.

    Google Scholar 

  20. P.K. Pattanaik, Voting and collective choice ( Cambridge University Press, Cambridge, 1971 ).

    Google Scholar 

  21. S. Russell and P. Norvig. Artificial Intelligence: A modern approach. Prentice Hall, 1995.

    Google Scholar 

  22. A.K. Sen, Collective choice and social welfare ( Holden-Day, San Francisco, 1970 ).

    Google Scholar 

  23. U. Thole, H.J. Zimmermann and P. Zysno. On the suitability of minimum and product operators for the intersection of fuzzy sets. Fuzzy sets and Systems, 2: 167–180 (1979).

    Article  Google Scholar 

  24. I.B. Turksen. Measurement of membership functions and their acquisition. Fuzzy sets and Systems, 40: 5–38 (1991).

    Article  Google Scholar 

  25. L.A. Zadeh, Similarity relations and fuzzy orderings, Information Science 3 (1971) 177–200.

    Article  Google Scholar 

  26. H.J. Zimmerman, Fuzzy Sets Theory and its Applications ( Kluwer-Nijhoff, Boston, 1985 ).

    Book  Google Scholar 

Download references

Author information

Authors and Affiliations

Authors

Editor information

Editors and Affiliations

Rights and permissions

Reprints and permissions

Copyright information

© 2000 Springer-Verlag Berlin Heidelberg

About this chapter

Cite this chapter

Cutello, V., Montero, J. (2000). An Extension of the Axioms of Utility Theory Based on Fuzzy Rationality Measures. In: Fodor, J., De Baets, B., Perny, P. (eds) Preferences and Decisions under Incomplete Knowledge. Studies in Fuzziness and Soft Computing, vol 51. Physica, Heidelberg. https://doi.org/10.1007/978-3-7908-1848-2_3

Download citation

  • DOI: https://doi.org/10.1007/978-3-7908-1848-2_3

  • Publisher Name: Physica, Heidelberg

  • Print ISBN: 978-3-7908-2474-2

  • Online ISBN: 978-3-7908-1848-2

  • eBook Packages: Springer Book Archive

Publish with us

Policies and ethics