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Analysis of Socio-Economic Conditions - Insights from a Fuzzy Multi-dimensional Approach (Paperback)
Loot Price: R1,256
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Analysis of Socio-Economic Conditions - Insights from a Fuzzy Multi-dimensional Approach (Paperback)
Series: Routledge Advances in Social Economics
Expected to ship within 12 - 17 working days
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Showcasing fuzzy set theory, this book highlights the enormous
potential of fuzzy logic in helping to analyse the complexity of a
wide range of socio-economic patterns and behaviour. The
contributions to this volume explore the most up-to-date fuzzy-set
methods for the measurement of socio-economic phenomena in a
multidimensional and/or dynamic perspective. Thus far, fuzzy-set
theory has primarily been utilised in the social sciences in the
field of poverty measurement. These chapters examine the latest
work in this area, while also exploring further applications
including social exclusion, the labour market, educational
mismatch, sustainability, quality of life and violence against
women. The authors demonstrate that real-world situations are often
characterised by imprecision, uncertainty and vagueness, which
cannot be properly described by the classical set theory which uses
a simple true-false binary logic. By contrast, fuzzy-set theory has
been shown to be a powerful tool for describing the
multidimensionality and complexity of social phenomena. This book
will be of significant interest to economists, statisticians and
sociologists utilising quantitative methods to explore
socio-economic phenomena.
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