DocumentCode
2446941
Title
Fuzzy set underpinnings of oligopoly markets
Author
Greenhut, M.L. ; Mansur, Yusuf ; Temponi, Cecilia
Author_Institution
Dept. of Econ., Texas A&M Univ., College Station, TX, USA
fYear
1994
fDate
18-21 Dec 1994
Firstpage
161
Lastpage
165
Abstract
This paper describes the natural links between fuzzy sets and oligopolistic markets. Fuzzy sets are used as a tool to define and describe oligopoly markets and to demonstrate quantitatively the uncertainty intrinsic to oligopolistic industries. The values of oligopolistic uncertainty are calculated by utilizing a fuzzy entropy measure. Significant distinctions between fuzzy results and the crisp number calculus are emphasized
Keywords
commerce; economics; fuzzy logic; fuzzy set theory; probability; uncertainty handling; fuzzy entropy measure; fuzzy set underpinnings; number calculus; oligopolistic markets; oligopoly markets; uncertainty; Costs; Decision making; Economic forecasting; Fuzzy logic; Fuzzy set theory; Fuzzy sets; Mathematics; Oligopoly; Production; Uncertainty;
fLanguage
English
Publisher
ieee
Conference_Titel
Fuzzy Information Processing Society Biannual Conference, 1994. Industrial Fuzzy Control and Intelligent Systems Conference, and the NASA Joint Technology Workshop on Neural Networks and Fuzzy Logic,
Conference_Location
San Antonio, TX
Print_ISBN
0-7803-2125-1
Type
conf
DOI
10.1109/IJCF.1994.375107
Filename
375107
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