A New Indeterminacy Decision Making
Approach Considering Partial
Environmental State Knowledge
Bo FENG
a,b
, Zhipeng HUI
a
, Junwen FENG
a,b,1
a
Nanjing University of Science and Technology, 210094, China
b
Nanjing Audit University Jinshen College, 210023, China
Abstract. The types of decisions people make depend on how much knowledge or
information they have about the decision environmental situation or called state.
There are three decision-making environments: decision making under certainty,
decision making under uncertainty and decision making under risk. Based on
possibility theory and evidence theory, a new indeterminacy decision making
approach with the decision-maker’s environmental knowledge information about
the state of nature is proposed. This approach provides a general framework for three
types of decision problems, that is, deterministic, risky and uncertain problems.
Keywords. Decision analysis, Possibility theory, Evidence theory, Fuzzy analysis
1. Introduction
Decision analysis can be used to develop an optimal strategy when a decision maker is
faced with several decision alternatives and an uncertain or risk-filled pattern of future
environmental state events. Even when a careful decision analysis has been conducted,
the uncertain future events make the final consequence uncertain [1]. In some cases, the
selected decision alternative may provide good or excellent results. In other cases, a
relative unlikely future event may occur, causing the selected decision alternative to
provide only fair or even poor results [2]. We begin the study of decision analysis by
considering problems that involve reasonably few decision alternatives and reasonably
few possible future environmental state events [3]. The payoff tables are introduced to
provide a structure for the decision problem and to illustrate the fundamentals of decision
analysis [4].
Consider the decision making problem expressed by Table 1:
Table 1 Decision making problem
Alternatives
n
S S S ⋯
2 1
m
A
A
A
⋮
2
1
mn m m
n
n
Q Q Q
Q Q Q
Q Q Q
⋯
⋮ ⋯ ⋮ ⋮
⋯
⋯
2 1
2 22 21
1 12 11
1
Corresponding Author, Nanjing University of Science and Technology, Nanjing, China; E-mail:
313472714@qq.com
Fuzzy Systems and Data Mining VII
A.J. Tallón-Ballesteros (Ed.)
© 2021 The authors and IOS Press.
This article is published online with Open Access by IOS Press and distributed under the terms
of the Creative Commons Attribution Non-Commercial License 4.0 (CC BY-NC 4.0).
doi:10.3233/FAIA210221
469