Fuzzy and probabilistic choice functions: a new set of rationality conditions

Abstract

Probabilistic and fuzzy choice theory are used to describe decision situations in which a certain degree of imprecision is involved. In this work we propose a correspondence between probabilistic and fuzzy choice functions, based on implication operators. Given a probabilistic choice function a fuzzy choice function can be constructed and, furthermore, a new set of rationality conditions is proposed. Finally, we prove that under those conditions, the associated fuzzy choice function fulfills desirable rationality properties