Fuzzy logic and modern economics

Research output: Contribution to journalArticleResearchpeer-review

Abstract

© Springer International Publishing Switzerland 2015. Fuzzy Logic has made two important contributions to economic analysis: a theory of fuzzy preferences, and the development of empirical techniques based on fuzzy sets. However, modern areas of economic research are not sufficiently influenced by these ideas. Behavioral and institutional economics, among other fields in modern economics, would benefit from insights from fuzzy logic.
Original languageEnglish
Pages (from-to)55-64
JournalStudies in Fuzziness and Soft Computing
Volume325
DOIs
Publication statusPublished - 1 Jan 2015

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