Estimated delivery 3-12 business days
Format Paperback
Condition Brand New
Description Gupta The development of cost benefit analysis and the theory of fuzzy decision was divided into two inter-dependent structures of identification and measurement theory on one hand and fuzzy value theory one the other.
This monograph is devoted to the development of value theory of computable general prices in cost-benefit analysis under fuzzy rationality. The book demonstrates the use of fuzzy decision algorithms and logic to develop a comprehensive and multidisciplinary cost-benefit analysis by taking advantage of current scientific gains in fuzziness and soft computing. The theory is developed at a basic level of microeconomics leading to aggregation in fuzzy decision environment composed of subjective phenomenon, imprecision, approximations and problems of information elicitation. The book integrates the theories of computable prices, fuzzy decisions and social decision-choice processes into a set of decision algorithms accessible to practitioners, researchers, graduate students, and policy makers in economics, engineering, as well as physical, social, and medical sciences.
KOFI KISSI DOMPERE is Associate Professor of Economics at Howard University. He is coauthor of Epistemics of Development Economics (Greenwood, 1995). A companion to the present volume, The Theory of Aggregate Investment in Closed Economic Systems, is forthcoming from Greenwood Press. Additionally, Dompere has published a number of researched essays on the effects of technological progress on factor demand, inventory accumulation and prices. He has also authored a number of complementary essays on the theory of fuzzy decisions and cost-benefit analysis.
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