Fuzzy Sets and Economics: Applications of Fuzzy Mathematics to Non-Cooperative Oligopoly

Fuzzy Sets and Economics: Applications of Fuzzy Mathematics to Non-Cooperative Oligopoly by Yusuf M. Mansur

ISBN10: 1858982065
ISBN13: 978-1858982069
Author: Yusuf M. Mansur
Title: Fuzzy Sets and Economics: Applications of Fuzzy Mathematics to Non-Cooperative Oligopoly
Publisher: Edward Elgar Pub (March 1, 1995)
Language: English
Size ePub: 1362 kb
Size PDF: 1454 kb
Rating: 4.2/5
Votes: 286
Pages:
Subcategory: Business & Finance

Fuzzy Sets and Economics: Applications of Fuzzy Mathematics to Non-Cooperative Oligopoly by Yusuf M. Mansur



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 neo-classical 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.

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