Fuzzy sets in engineering economic decision-making

Cengiz Kahraman*

*Corresponding author for this work

Research output: Chapter in Book/Report/Conference proceedingChapterpeer-review

4 Citations (Scopus)

Abstract

When no probabilities are available for states of nature, decisions are given under uncertainty. Fuzzy sets are a good tool for the operation research analyst facing uncertainty and subjectivity. The main purpose of this chapter is to present the role and importance of fuzzy sets in the economic decision making problem with the literature review of the most recent advances.

Original languageEnglish
Title of host publicationFuzzy Engineering Economics with Applications
EditorsCengiz Kahraman
Pages1-9
Number of pages9
DOIs
Publication statusPublished - 2008

Publication series

NameStudies in Fuzziness and Soft Computing
Volume233
ISSN (Print)1434-9922

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