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The aim of this paper is to develop a bilinear programming method for solving bi-matrix games in which the payoffs are expressed with intuitionistic fuzzy sets (IFSs), which are called IFS bi-matrix games for short. In this method, using the equivalent relation between IFSs and interval-valued fuzzy sets (IVFSs) and the operations of IVFSs, we propose a new order relation of IFSs through introducing a ranking function, which is proven to be a total order relation. Hereby we introduce the concepts of solutions of IFS bi-matrix games and parametric bi-matrix games. It is proven that any IFS bi-matrix game has at least one satisfying Nash equilibrium solution, which is equivalent to the Nash equilibrium solution of corresponding parametric bi-matrix game. The latter can be obtained through solving the auxiliary parametric bilinear programming model. The models and method proposed in this paper are demonstrated with a real example of the e-commerce retailers’ strategy choice problem. © Springer Nature Singapore Pte Ltd. 2019.
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ISSN: 1865-0929
Year: 2019
Volume: 1082
Page: 131-150
Language: English
Cited Count:
SCOPUS Cited Count: 3
ESI Highly Cited Papers on the List: 0 Unfold All
WanFang Cited Count:
Chinese Cited Count:
30 Days PV: 1
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