From supply and demand to oligopoly via fuzzy sets
Autor: | Y. Mansur |
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Rok vydání: | 2002 |
Předmět: | |
Zdroj: | Proceedings of 3rd International Symposium on Uncertainty Modeling and Analysis and Annual Conference of the North American Fuzzy Information Processing Society. |
Popis: | This paper links two theoretical models, the oligopoly market form and the supply/demand paradigm, via fuzzy sets to provide an empirically consistent model of fuzzy decision-making. Most significantly, both models are shown to merge in the short-run when decision-making and intrinsic uncertainties are described by fuzzy sets. Our results and method highlight the importance of introducing fuzzy logic into economic analysis. |
Databáze: | OpenAIRE |
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