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Fuzziness, Democracy, Control and Collective Decision-Choice System: A Theory on Political Economy of Rent-Seeking and Profit-Harvesting

Fuzziness, Democracy, Control and Collective Decision-Choice System: A Theory on Political Economy of Rent-Seeking and Profit-Harvesting

Paperback

Series: Studies in Systems, Decision and Control, Book 5

General ComputersGeneral Political Science

ISBN10: 3319382861
ISBN13: 9783319382869
Publisher: Springer Nature
Published: Sep 3 2016
Pages: 238
Weight: 0.87
Height: 0.59 Width: 6.14 Depth: 9.21
Language: English

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.

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