The Possibilities for Possibility Theory

A. Halter and J. Brandstatter

No 279180, 1982 Annual Meeting, August 1-4, Logan, Utah from American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association)

Abstract: Possibility theory is discussed as an extension of probability theory arising from the need to express subjective information quantitatively in linguistic terms, but without the restrictions of probability numbers. The concept of fuzzy sets is introduced as the basis of possibility theory and the broad scope of applications is mentioned.

Keywords: Public Economics; Risk and Uncertainty (search for similar items in EconPapers)
Pages: 20
Date: 1982-08
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Persistent link: https://EconPapers.repec.org/RePEc:ags:aaea82:279180

DOI: 10.22004/ag.econ.279180

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