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Fuzzy Logic and Modern Economics

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Towards the Future of Fuzzy Logic

Part of the book series: Studies in Fuzziness and Soft Computing ((STUDFUZZ,volume 325))

Abstract

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.

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Notes

  1. 1.

    See Basu [5], published just before he became chief economist of the World Bank.

  2. 2.

    See Piggins and Salles [15].

  3. 3.

    See Stern [20]. He is one of the most prominent scholars in the study of the economics of climate change.

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Author information

Authors and Affiliations

  1. Universìtat Autònoma de Barcelona, Campus de Bellaterra 1, Barcelona, Spain

    Francesc Trillas

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  1. Francesc Trillas
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Correspondence to Francesc Trillas .

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Editors and Affiliations

  1. Institut für Geschichte der Medizin, Naturwissenschaft und Technik, Friedrich-Schiller-Universität Jena, Berggasse, Jena, Germany

    Rudolf Seising

  2. Edificio de Investigación, 3ª Planta. C Gonzalo Gutiérrez Quirós S/N, European Centre for Soft Computing, Mieres, Asturias, Spain

    Enric Trillas

  3. Polish Academy of Sciences, Systems Research Institute, Warsaw, Poland

    Janusz Kacprzyk

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Trillas, F. (2015). Fuzzy Logic and Modern Economics. In: Seising, R., Trillas, E., Kacprzyk, J. (eds) Towards the Future of Fuzzy Logic. Studies in Fuzziness and Soft Computing, vol 325. Springer, Cham. https://doi.org/10.1007/978-3-319-18750-1_4

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  • DOI: https://doi.org/10.1007/978-3-319-18750-1_4

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  • Publisher Name: Springer, Cham

  • Print ISBN: 978-3-319-18749-5

  • Online ISBN: 978-3-319-18750-1

  • eBook Packages: EngineeringEngineering (R0)

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