Fuzzy mathematics applied to insurance game

The article builds a game model of two insurance companies who try to determine which product (the Unit-Linked or the Par), to exploit, and provides a decision-making method for the companies to determine their product development orientation in a competitive market. Due to the fuzziness of the factors affecting the utility, we use a linguistic operator to deal with this problem and finally make use of the knowledge of complete information static game to get an equilibrium of both sides.