Grey Game Theory and Its Applications in Economic Decision-Making

By Hongxing Shi, Sifeng Liu, Zhigeng Fang, et al.

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.

• Format: Hardcover
• Language: English
• ISBN: 1420087398
• ISBN13: 9781420087390
• Release Date: August 2009
• Publisher: Auerbach Publications
• Length: 360 Pages
• Weight: 1.51 lbs.
• Dimensions: 0.8" x 6.1" x 9.2"