Soft Computing and its Applications in Business and Economics (Studies in Fuzziness and Soft Computing, 157),Used

Soft Computing and its Applications in Business and Economics (Studies in Fuzziness and Soft Computing, 157),Used

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"Soft Computing and its Applications in Business and Economics," or SCBE for short, is a work whose importance is hard to exaggerate. Authored by leading contributors to soft computing and its applications, SCBE is a sequel to an earlier book by Professors R. A. Aliev and R. R. Aliev, "Soft Computing and Its Applications," World Scientific, 200l. SCBE is a selfcontained exposition of the foundations of soft computing, and presents a vast compendium of its applications to business, finance, decision analysis and economics. One cannot but be greatly impressed by the wide variety of applications applications ranging from use of fuzzy logic in transportation and health case systems, to use of a neurofuzzy approach to modeling of credit risk in trading, and application of soft computing to ecommerce. To view the contents of SCBE in a clearer perspective, a bit of history is in order. In science, as in other realms of human activity, there is a tendency to be nationalistic to commit oneself to a particular methodology and relegate to a position of inferiority or irrelevance all alternative methodologies. As we move further into the age of machine intelligence and automated reasoning, we run into more and more problems which do not lend themselves to solution through the use of our favorite methodology.

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