On the properties of fuzzy production correspondence
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This paper represents an exploratory effort to develop and characterize a fuzzy production correspondence. First, the authors present an economic motiviation for the application of fuzzy sets theory and its usefulness for analyzing production behavior. Next, they define the fuzzy production set and investigate the relationships between the basic properties of this set. Finally, they present concluding remarks summarizing the major results established and suggest applications of basic production theory to problems of interest.
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Cites work
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Cited in
(7)- Input price, isocost and maximum output under fuzziness
- A measure theoretical approach of the problem of computing production costs
- The theory of approximate prices: Analytical foundations of experimental cost-benefit analysis in a fuzzy-decision space
- scientific article; zbMATH DE number 3926583 (Why is no real title available?)
- scientific article; zbMATH DE number 3970433 (Why is no real title available?)
- The fuzzy analysis of Cobb-Douglas' production function
- On fuzzy quantity and fuzzy isoquant
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