A Fuzzy Approach to Prospect Theory
نویسندگان
چکیده
The aim of this chapter is to revisit an experiment of Kahneman and Tversky (1992) to arrive at conclusions about Prospect theory and the ways of human thinking, but using a fuzzy approach, especially the compensatory one. New results shall be proved and others well-known shall be changed or confirmed. The study comprises the examination of logical predicates like those expressed by the following sentences: “if a scenario is probable then it is ‘convenient’”, “there exist probable and ‘convenient’ scenarios” and “all the scenarios are probable and ‘convenient’”. In this chapter, a scenario is a premium, which is associated with a probability. An implication operator upon a set of five and a one-parameter family of compensatory systems will be selected for representing these predicates.
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