This volume presents an analysis of the problems and solutions of the market mockery of the democratic collective decision-choice system with imperfect information structure composed of defective and deceptive structures using methods of fuzzy rationality.
The book is devoted to the political economy of rent-seeking, rent-protection and rent-harvesting to enhance profits under democratic collective decision-choice systems. The toolbox used in the monograph consists of methods of fuzzy decision, approximate reasoning, negotiation games and fuzzy mathematics. The monograph further discusses the rent-seeking phenomenon in the Schumpeterian and Marxian political economies where the rent-seeking activities transform the qualitative character of the general capitalism into oligarchic socialism and making the democratic collective decision-choice system as an ideology rather than social calculus for resolving conflicts in preferences in the collective decision-choice space without violence.
ISBN: | 9783319382869 |
Publication date: | 3rd September 2016 |
Author: | K K Dompere |
Publisher: | Springer an imprint of Springer International Publishing |
Format: | Paperback |
Pagination: | 238 pages |
Series: | Studies in Systems, Decision and Control |
Genres: |
Artificial intelligence International relations Political economy |