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This book extends the theory of revealed preference to fuzzy choice functions, providing applications to multicriteria decision making problems. The main topics of revealed preference theory are treated in the framework of fuzzy choice functions. New topics, such as the degree of dominance and similarity of vague choices, are developed. The results are applied to economic problems where partial information and human subjectivity involve vague choices and vague preferences.
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The foundations of revealed preference theory for a competitive consumer were laid by Samuelson in 1938. Later this theory was axiomatically developed by Arrow, Sen, Suzumura and other economists into the theory of choice functions.
This book extends the theory of revealed preference to fuzzy choice functions and provides applications to multicriteria decision making problems. The main topics of revealed preference theory (rationality, revealed preference and congruence axioms, consistency conditions) are treated in the framework of fuzzy choice functions. New topics, such as the degree of dominance and similarity of vague choices, are developed. The results obtained are applied to economic problems where partial information and human subjectivity involve vague choices and vague preferences. The book contains a number of new results achieved by the author. Even though the text is reasonably self-contained, previous knowledge of revealed preference and fuzzy set theory is helpful for the reader.
Social choice theorists and computer scientists will find in this monograph stimulating material for further research and concrete applications.
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Fuzzy Choice Functions : A revealed preference approach. (=Studies in fuzziness and soft computing ; Vol. 214).
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Fuzzy Choice Functions : A Revealed Preference Approach
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Fuzzy Choice Functions
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Springer Berlin Heidelberg Apr 2007, 2007
ISBN 10: 3540689974
ISBN 13: 9783540689973
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Da: BuchWeltWeit Ludwig Meier e.K., Bergisch Gladbach, Germania
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Buch. Condizione: Neu. This item is printed on demand - it takes 3-4 days longer - Neuware -This book extends the theory of revealed preference to fuzzy choice functions, providing applications to multicriteria decision making problems. The main topics of revealed preference theory are treated in the framework of fuzzy choice functions. New topics, such as the degree of dominance and similarity of vague choices, are developed. The results are applied to economic problems where partial information and human subjectivity involve vague choices and vague preferences. 292 pp. Englisch. Codice articolo 9783540689973
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Fuzzy Choice Functions
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Gebunden. Condizione: New. Dieser Artikel ist ein Print on Demand Artikel und wird nach Ihrer Bestellung fuer Sie gedruckt. Latest research about Fuzzy choice funtionsThis book extends the theory of revealed preference to fuzzy choice functions, providing applications to multicriteria decision making problems. The main topics of revealed preference theory are treat. Codice articolo 4898717
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Fuzzy Choice Functions: A Revealed Preference Approach (Studies in Fuzziness and Soft Computing, 214)
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Condizione: New. In English. Codice articolo ria9783540689973_new
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Fuzzy Choice Functions : A Revealed Preference Approach
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Buch. Condizione: Neu. Druck auf Anfrage Neuware - Printed after ordering - A main topic in welfare economics is the rational behaviour of a consumer when, faced with various prices and incomes, he has to make a choice. The theory of consumption establishes the framework in which the rationality of consumers is de ned and the principle on which it is based. By [109], 'the rationality of a consumer may be described by postulating that a consumer has a de nite preference over all conceivable commodity bundles and that he chooses those commodity bundles that are optimal with respect to his preference subject to budgetary constraints'. Samuelson's theory of revealed preference expresses the rationality of a consumer in terms of some preference relation associated with a demand fu- tion. The foundation of this theory is built on The Weak Axiom of Consumer Behavior [87] and on The Strong Axiom of Consumer Behavior [63]. The s- ond axiom assures that the demand function can be reconstructed from a revealed preference relation. To make a rational choice is a more general problem that goes beyond the theme of consumer. In economics, social life, medicine, psychology, etc. there are several cases when an agent has to make rational decisions. For instance, when the members of a society vote di erent candidates in an election, a plausible hypothesis is that, having a desideratum, each of them is rational in the act of choice. Codice articolo 9783540689973
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