Fuzzy Logic Concepts in Economics

7 Pages Posted: 16 Jun 2018

Date Written: June 4, 2015

Abstract

In this paper analyzed the key elements of fuzzy logic and showed that behavioral economics and neo-classical economics are plausible to have simultaneously the rationality of neo-classical models and the imperfection of behavioral economics in fully agreement between assumption and results.

Keywords: fuzzy logic, economics, engineering, development

JEL Classification: Eng, P00

Suggested Citation

Challoumis, Constantinos, Fuzzy Logic Concepts in Economics (June 4, 2015). Available at SSRN: https://ssrn.com/abstract=3185732 or http://dx.doi.org/10.2139/ssrn.3185732

Constantinos Challoumis (Contact Author)

National and Kapodistrian University of Athens ( email )

Athens

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