Decision-making: a classical logic or a Fuzzy logic?

被引:0
|
作者
Khcherem, Fatma [1 ]
Bouri, Abdelfettah [1 ]
机构
[1] Univ Econ & Management Sfax, Sfax, Tunisia
关键词
Fuzzy logic; classical logic; decision making; PERFORMANCE;
D O I
暂无
中图分类号
F [经济];
学科分类号
02 ;
摘要
This study contributes to the debate between the efficiency theory and the behavioural finance concerning in strategy. It tries to find an eventual complementarity between these two theories by modeling the decision making using the classical and the fuzzy logic. The sample is constituted by 25 firms quoted on the Tunisian Stock Exchange. Daily data from January 2001 to December 2008 is used. The results chow that the fuzzy logic is better than the classical logic in explaining the complementarity between the efficiency theory and the behavioural finance concerning decision making.
引用
收藏
页码:217 / 232
页数:16
相关论文
共 50 条
  • [1] Fuzzy logic in decision-making process
    Wolf, Petr
    [J]. MATHEMATICAL METHODS AND COMPUTATIONAL TECHNIQUES IN RESEARCH AND EDUCATION, 2007, : 282 - +
  • [2] Fuzzy logic and decision-making in anaesthetics
    Grant, P
    Naesh, O
    [J]. JOURNAL OF THE ROYAL SOCIETY OF MEDICINE, 2005, 98 (01) : 7 - 9
  • [3] Fuzzy logic operators in decision-making
    Peneva, V
    Popchev, I
    [J]. CYBERNETICS AND SYSTEMS, 1999, 30 (08) : 725 - 745
  • [4] Fuzzy Logic for Decision-Making and Personnel Selection
    Ruvalcaba Coyaso, Francisco Javier
    Vermonden, Anais
    [J]. REVISTA UNIVERSIDAD EMPRESA, 2015, 17 (29): : 239 - 256
  • [5] THE LOGIC OF PRICE DECISION-MAKING
    FOXALL, GR
    [J]. MANAGEMENT DECISION, 1980, 18 (05) : 235 - 245
  • [6] DECISION-MAKING STATIONARY LOGIC
    KONONOV, BP
    [J]. NAUCHNO-TEKHNICHESKAYA INFORMATSIYA SERIYA 2-INFORMATSIONNYE PROTSESSY I SISTEMY, 1978, (09): : 18 - 22
  • [7] Application of Fuzzy Logic for Decision-Making in Medical Expert Systems
    N. A. Korenevskiy
    [J]. Biomedical Engineering, 2015, 49 (1) : 46 - 49
  • [8] ACCEPTANCE OF FUZZY-LOGIC IN RESTORATIVE TREATMENT DECISION-MAKING
    KAY, EJ
    BLINKHORN, AS
    [J]. JOURNAL OF DENTAL RESEARCH, 1995, 74 (03) : 845 - 845
  • [9] Fuzzy Logic And Management Mistakes In Contemporary Corporate Decision-Making
    Dubrovski, Drago
    [J]. INTERNATIONAL JOURNAL FOR QUALITY RESEARCH, 2009, 3 (04) : 285 - 297
  • [10] Applying fuzzy logic for decision-making on wireless sensor networks
    Pirmez, Luci
    Delicato, Flavia C.
    Pires, Paulo F.
    Mostardinha, Ana L.
    de Rezende, Nelson S.
    [J]. 2007 IEEE INTERNATIONAL CONFERENCE ON FUZZY SYSTEMS, VOLS 1-4, 2007, : 522 - +