An intuitionistic approach for one-shot decision making

In 1965, L.A Zadeh inaugurated the idea of fuzzy set theory by extrapolating classical set theory. Later, Atanassov popularized it as an intuitionistic fuzzy set (IFS) more precisely than the fuzzy logic theory in 1983. IFS is highly fruitful in expounding uncertain situations which we face in decision making. In this paper, we have reexamined the idea of IFS and suggested the applications in decision making methods. Moreover, this theory helps us find the solution of one-shot decision (OSD) problems we mostly face in trade and economics, and the behavior of the decision person and assists them to get the best answer.