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The convergence of the core of a fuzzy exchange economy

Xia Zhang, Hao Sun, Moses Olabhele Esangbedo, Xuanzhu Jin (2021)

Kybernetika

This paper focuses on a new model called fuzzy exchange economy (FXE), which integrates fuzzy consumption, fuzzy initial endowment and the agent’s fuzzy preference (vague attitude) in the fuzzy consumption set. Also, the existence of the fuzzy competitive equilibrium for the FXE is verified through a related pure exchange economy. We define a core-like concept (called weak fuzzy core) of the FXE and prove that any fuzzy competitive allocation belongs to the weak fuzzy core. The fuzzy replica economy,...

Transitive decomposition of fuzzy preference relations: the case of nilpotent minimum

Susana Díaz, Susana Montes, Bernard De Baets (2004)

Kybernetika

Transitivity is a fundamental notion in preference modelling. In this work we study this property in the framework of additive fuzzy preference structures. In particular, we depart from a large preference relation that is transitive w.r.t. the nilpotent minimum t-norm and decompose it into an indifference and strict preference relation by means of generators based on t-norms, i. e. using a Frank t-norm as indifference generator. We identify the strongest type of transitivity these indifference and...

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