DocumentCode
2222839
Title
Towards a descriptive theory of transaction cost economics: a fuzzy set approach
Author
Karim, Khondkar ; Siegel, Philip ; Deshmukh, Ashutosh
Author_Institution
Dept. of Accounting, Monmouth Univ., NJ, USA
Volume
3
fYear
1997
fDate
12-15 Oct 1997
Firstpage
2187
Abstract
This paper provides a model for investigating the problem of ambiguity associated with decision-making. The model is based on fuzzy set theory which allows for various states of probabilities and set benefits. It also reduces the need for precise measures which are often difficult if not impossible to obtain
Keywords
accounting; costing; decision theory; fuzzy set theory; probability; ambiguity; decision-making; descriptive theory; fuzzy set approach; probabilities; set benefits; transaction cost economics; Assembly; Cost function; Decision making; Educational institutions; Fuzzy set theory; Fuzzy sets; Manufacturing; Procurement; Production; Raw materials;
fLanguage
English
Publisher
ieee
Conference_Titel
Systems, Man, and Cybernetics, 1997. Computational Cybernetics and Simulation., 1997 IEEE International Conference on
Conference_Location
Orlando, FL
ISSN
1062-922X
Print_ISBN
0-7803-4053-1
Type
conf
DOI
10.1109/ICSMC.1997.635190
Filename
635190
Link To Document