A rule based fuzzy decision model for simple lotteries

Authors
Citation
K. Manhart, A rule based fuzzy decision model for simple lotteries, SPRACHE KOG, 18(3-4), 1999, pp. 113-122
Citations number
26
Categorie Soggetti
Psycology
Journal title
SPRACHE & KOGNITION
ISSN journal
02534533 → ACNP
Volume
18
Issue
3-4
Year of publication
1999
Pages
113 - 122
Database
ISI
SICI code
0253-4533(1999)18:3-4<113:ARBFDM>2.0.ZU;2-0
Abstract
This article introduces a liberal alternative to the well-known decision mo dels under risk in the form of a rule-based fuzzy decision model. The struc ture of the model corresponds to a simple, knowledge-based (expert-)system, which is capable to justify its assumptions and conclusions. On the basis of empirical data the computer program models the inference processes of hu man decision makers in fuzzy-categories and rubs: of decision. The model cl aims to reproduce decision processes with risky alternatives more adequate than conventional models. In comparison with human test subjects the comput er-based decisions produced strong correspondences with regard to the choic e of the same alternatives.