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Abstract

It has been widely recognized by economists that economic behavior generally involves both elements of stochasticness and/or fuzziness. The objects which economic theory deals with are replete with all sorts of fuzzy emotions, perceptions and processes. While a rich literature on economic behavior under a stochastic environment has developed during the past decade,1 it is notable that virtually no systematic attempt has been made to-date to investigate economic behavior under fuzziness.

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© 1983 Plenum Press, New York

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Chen, G.Q., Lee, S.C., Yu, E.S.H. (1983). Application of Fuzzy Set Theory to Economics. In: Wang, P.P. (eds) Advances in Fuzzy Sets, Possibility Theory, and Applications. Springer, Boston, MA. https://doi.org/10.1007/978-1-4613-3754-6_18

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  • DOI: https://doi.org/10.1007/978-1-4613-3754-6_18

  • Publisher Name: Springer, Boston, MA

  • Print ISBN: 978-1-4613-3756-0

  • Online ISBN: 978-1-4613-3754-6

  • eBook Packages: Springer Book Archive

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