K.K. Dompere
Fuzziness, Democracy, Control and Collective Decision-choice
System: A Theory on Political Economy of Rent-Seeking and
Profit-Harvesting
Series: Studies in Systems, Decision and Control, Vol. 5
▶ Presents the Theory of Political Economy of Rent-Seeking and ProfitHarvesting
▶ Presents problems and solutions of the market mockery of the
democratic collective decision-choice system
▶ Includes a toolbox of methods of fuzzy decision, approximate
reasoning, negotiation games and fuzzy mathematics
2014, XL, 238 p. 41 illus.
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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 rentharvesting 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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