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• [P682] Decision Analysis with Hybrid Uncertain Performance Targets
  Author(s): Van-Nam Huynh, Hong-Bin Yan, Yoshiteru Nakamori
  
  

  Abstract
  The main focus of this paper is for decision analysis from the target-oriented point of view. Firstly, the target achievement computation method is revised, in which the resulting value function can have four shapes: concave, convex, $S$-shaped, inverse $S$-shaped. In addition, it is now more and more widely acknowledged that all facets of uncertainty cannot be captured by a single probability distribution. A fuzzy uncertain target-oriented method is also proposed, in which the proportional approach is selected to transform a possibility distribution into its associated probability distribution, and then based on the random target-oriented model, we can obtain the probability of meeting targets. Three types of fuzzy targets, widely used in Bellman-Zadeh paradigm, are selected to illustrate the fuzzy target-oriented model.

  
   

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