FUZZY SETS AND ECONOMICS: Applications of Fuzzy Mathematics to Non-Cooperative Oligopoly - Hardcover

Mansur, Yusuf M.

Hardcover

ISBN 10: 1858982065 ISBN 13: 9781858982069

Verlag: Edward Elgar Publishing Ltd, 1995

Über diesen Titel

Reseña del editor

The widespread use of fuzzy set theory in almost every science attests to its intuitive appeal and the powerful insights it offers. Despite its relevance as a tool for evaluating non-stochastic behavioural uncertainty and its clear applicability to the business world, fuzzy mathematics has yet to establish itself in mainstream economic analysis. Fuzzy Sets and Economics presents a clear and concise introduction to fuzzy mathematics and demonstrates its adaptability to the analysis of oligopolistic competition. In particular, the author indicates how the economic evaluation of non-cooperative oligopoly markets is changed when fuzzy set mathematics is used. The neoclassical view that oligopolistic competition is inefficient is shown only to apply in the short run while policy matters, such as antitrust, and some basic economic fundamentals, such as the supply-demand paradigm, are affected by the introduction of a fuzzy mathematics framework.

Biografía del autor

Yusuf M. Mansur, Formerly Assistant Professor of Economics, University of Oklahoma, US

Details zur Ausgabe

• Verlag: Edward Elgar Publishing Ltd
• Erscheinungsdatum: 1995
• ISBN 10: 1858982065
• ISBN 13: 9781858982069
• Einband: Tapa dura
• Sprache: Englisch
• Anzahl der Seiten: 208