Why Linear (and Piecewise Linear) Models Often Successfully Describe Complex Non-Linear Economic and Financial Phenomena: A~Fuzzy-Based Explanation
Economic and financial phenomena are highly complex and non-linear. However, surprisingly, in many cases, these phenomena are accurately described by linear models -- or, sometimes, by piecewise linear ones. In this paper, we show that fuzzy techniques can explain the unexp...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
Islamic Azad University, Bandar Abbas Branch
2023-05-01
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| Series: | Transactions on Fuzzy Sets and Systems |
| Subjects: | |
| Online Access: | https://tfss.journals.iau.ir/article_698737_ec7da3a8d857dd1356dc28e8a5725999.pdf |