Consumer surplus and producer surplus in fuzzy sense (Q1303962)
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scientific article
| Language | Label | Description | Also known as |
|---|---|---|---|
| English | Consumer surplus and producer surplus in fuzzy sense |
scientific article |
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Consumer surplus and producer surplus in fuzzy sense (English)
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22 September 1999
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The author provides a new introduction to the old microeconomics problem of consumer's and producer's surplus in perfect competitive markets. He extends the concept of consumer surplus of demand function and the producer surplus of supply function in economics into fuzzy sense.
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microeconomics
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perfect competitive markets
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consumer surplus of demand function
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producer surplus of supply function
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fuzzy sense
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