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

  • Presents the Theory of Political Economy of Rent-Seeking and Profit-Harvesting
  • 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

Part of the book series: Studies in Systems, Decision and Control (SSDC, volume 5)

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About this book

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.

Authors and Affiliations

  • Department of Economics, Howard University, Washington, USA

    Kofi Kissi Dompere

Bibliographic Information

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

  • Authors: Kofi Kissi Dompere

  • Series Title: Studies in Systems, Decision and Control

  • DOI: https://doi.org/10.1007/978-3-319-05329-5

  • Publisher: Springer Cham

  • eBook Packages: Engineering, Engineering (R0)

  • Copyright Information: Springer International Publishing Switzerland 2014

  • Hardcover ISBN: 978-3-319-05328-8Published: 31 March 2014

  • Softcover ISBN: 978-3-319-38286-9Published: 03 September 2016

  • eBook ISBN: 978-3-319-05329-5Published: 15 March 2014

  • Series ISSN: 2198-4182

  • Series E-ISSN: 2198-4190

  • Edition Number: 1

  • Number of Pages: XL, 238

  • Number of Illustrations: 41 b/w illustrations

  • Topics: Computational Intelligence, Economic Policy, International Political Economy

Buy it now

Buying options

eBook USD 84.99
Price excludes VAT (USA)
  • Available as PDF
  • Read on any device
  • Instant download
  • Own it forever
Hardcover Book USD 109.99
Price excludes VAT (USA)
  • Durable hardcover edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info

Tax calculation will be finalised at checkout

Other ways to access