Economic Theory of Fuzzy Equilibria
Title | Economic Theory of Fuzzy Equilibria PDF eBook |
Author | Antoine Billot |
Publisher | Springer Science & Business Media |
Pages | 192 |
Release | 2012-12-06 |
Genre | Business & Economics |
ISBN | 3642799493 |
Fuzzy set theory, which started not much more than 20 years ago as a generalization of classical set theory, has in the meantime evolved into an area which scientifically, as well as from the point of view of applications, is recognized as a very valuable contribution to the existing knowledge. This book provides a remarkable contribution to Fuzzy Economics and presents the state of the art in fuzzy theory of value, namely the aggregated model of microeconomics with fuzzy behaviours. It presents an analysis of classical problems with new tools which lead to interesting results.
Economic Theory of Fuzzy Equilibria
Title | Economic Theory of Fuzzy Equilibria PDF eBook |
Author | Antoine Billot |
Publisher | |
Pages | 184 |
Release | 2014-01-15 |
Genre | |
ISBN | 9783662010518 |
Economic Theory of Fuzzy Equilibria
Title | Economic Theory of Fuzzy Equilibria PDF eBook |
Author | Antoine Billot |
Publisher | Springer |
Pages | 175 |
Release | 2013-04-17 |
Genre | Business & Economics |
ISBN | 366201050X |
Fuzzy set theory, which started not much more than 20 years ago as a generalization of classical set theory, has in the meantime evolved into an area which scientifically, as well as from the point of view of applications, is recognized as a very valuable contribution to the existing knowledge. To an increasing degree, however, fuzzy set theory is also used in a descriptive, factual sense or as a decision making technology. Most of these applications of fuzzy set theory are in the areas of fuzzy control, multi-criteria analysis, descriptive decision theory and expert systems design. In economics, the application of fuzzy set theory is still very rare. Apart from Professor Ponsard and his group, who have obviously recognized the potential offuzzy set theory in economics much better than others, only very few economists are using this new tool in order to model economic systems in a more realistic way than often possible by traditional approaches, and to gain more insight into structural interdependences of economic systems. I consider it, therefore, particularly valuable that Dr. Billot, in his book, makes a remarkable contribution in this direction. There seems to be one major difference between Dr.
Equilibrium and Disequilibrium in Economic Theory
Title | Equilibrium and Disequilibrium in Economic Theory PDF eBook |
Author | |
Publisher | |
Pages | 736 |
Release | 1977 |
Genre | |
ISBN |
Equilibrium Theory and Applications
Title | Equilibrium Theory and Applications PDF eBook |
Author | William A. Barnett |
Publisher | Cambridge University Press |
Pages | 504 |
Release | 1991 |
Genre | Business & Economics |
ISBN | 9780521392198 |
The Sixth Annual International Symposium in Economic Theory and Econometrics was dedicated to Jacques Drèze on the occasion of his retirement.
Equilibrium and Disequilibrium in Economic Theory
Title | Equilibrium and Disequilibrium in Economic Theory PDF eBook |
Author | G. Schwödiauer |
Publisher | Springer Science & Business Media |
Pages | 768 |
Release | 2012-12-06 |
Genre | Social Science |
ISBN | 9401011559 |
This volume is the result of a conference held at the Institute for Advanced Studies, Vienna. There is still a gap reflected both in fundamental meth odological differences and in the style of analysis between the Walrasian (and Edgeworthian) tradition of general equilibrium theory and the theo retical and policy problems raised in the framework of Keynesian and post-Keynesian macroeconomics. The conference succeeded in bringing together economic theorists working in fields ranging from abstract prob lems of mathematical equilibrium analysis to applied macroeconomic theory, and it is hoped that the present volume will contribute to bridging the above-mentioned hiatus. As organizer of the meeting and editor of its proceedings I want to thank the Institute for Advanced Studies for providing facilities and funds. I am also sincerely grateful to all my colleagues from the Institute for their generous help, in particular to Mrs Monika Herkner without whose assistance and organizational talent the conference would certainly not have been the success it in fact - in the opinion of all participants - turned out to have been. Furthermore, I wish to express my gratitude towards all participants in the meeting and contributors to the volume whose patient support of the whole enterprise proved indispensable. To Mrs Elfriede Auracher I am deeply indebted for her skillful and effective general management of the editorial work and her invaluable assistance in compiling the indexes.
Price Dynamics in Equilibrium Models
Title | Price Dynamics in Equilibrium Models PDF eBook |
Author | Jan Tuinstra |
Publisher | Springer Science & Business Media |
Pages | 243 |
Release | 2012-12-06 |
Genre | Business & Economics |
ISBN | 1461516617 |
A long-standing unsolved problem in economic theory is how economic equilibria are attained. Price Dynamics in Equilibrium Models: The Search for Equilibrium and the Emergence of Endogenous Fluctuations considers a number of adjustment processes in different economic models and investigates their dynamical behaviour. Two important themes arising in this context are `bounded rationality' and `nonlinear dynamics'. Important sub-themes of the book are the following: how do boundedly rational agents interact with their environment and does this interaction in some sense lead to rational outcomes (which may or may not correspond to equilibria)? The second sub-theme deals with the consequences of the nonlinear dynamical nature of many adjustment processes. The results presented in this volume indicate that endogenous fluctuations are the rule rather than the exception in the search for equilibrium. The book uses the theory of nonlinear dynamics to analyze the dynamics of the different economic models. Due to the complexity of most of the models, an important role is played by computational methods. In particular, at regular instances the models are analyzed by numerical simulations and some computer-assisted proofs are provided. It also covers a wide range of dynamical models from economic theory. Most of these models merge the theory of nonlinear economic dynamics with the theory of bounded rationality. The book is written for anyone with an interest in economic theory in general and bounded rationality and endogenous fluctuations in particular. It is entirely self-contained and accessible to readers with only a limited knowledge of economic theory.