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

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 econom...

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Main Author: Dompere, Kofi Kissi. (Author, http://id.loc.gov/vocabulary/relators/aut)
Corporate Author: SpringerLink (Online service)
Language:English
Published: Cham : Springer International Publishing : Imprint: Springer, 2014.
Edition:1st ed. 2014.
Series:Studies in Systems, Decision and Control, 5
Subjects:
Online Access:https://doi.org/10.1007/978-3-319-05329-5
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490 1 |a Studies in Systems, Decision and Control,  |x 2198-4182 ;  |v 5 
505 0 |a Hermeneutics of Rent-seeking Theory, Socialgoal-objective Formation and Fuzzy Rationality -- Rent-seeking, Rent-creation and Rent-protection in Social-goal Objective Formations -- Rent-seeking Activities in Schumpeterian and Marxian Soco-political Dynamics -- Fuzzy-stochastic Information, Financial bubbles, Systemic risk, Creative Destruction and Rent-seeking Society in the Schumpeterian Economy -- Democracy, Political Markets and Sociopolitical Responsibility and Accountability -- Political Markets and Penumbral Regions of Rent-seeking Activities. 
520 |a 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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