Research Article
The Likelihood Ranking Methods for Interval Type-2 Fuzzy Sets Considering Risk Preferences
Table 1
Risk preference and corresponding risk preference coefficient
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| Risk preference | Risk preference coefficient |
| Absolute risk aversion | 0 | Very strong risk aversion | 0.1 | Strong risk aversion | 0.2 | Medium risk aversion | 0.3 | Weak risk aversion | 0.4 | Risk neutral | 0.5 | Weak risk preference | 0.6 | Medium risk preference | 0.7 | Strong risk preference | 0.8 | Very strong risk preference | 0.9 | Absolute risk preference | 1 |
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