• 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