Consumer Surplus and Producer Surplus of the Linear Demand and Supply Functions using Interval-Valued Triangular Fuzzy Numbers


Akbas B., AYTAR S.

INTERNATIONAL JOURNAL OF APPLIED MATHEMATICS & STATISTICS, vol.60, no.3, pp.40-48, 2021 (Journal Indexed in ESCI) identifier

  • Publication Type: Article / Article
  • Volume: 60 Issue: 3
  • Publication Date: 2021
  • Title of Journal : INTERNATIONAL JOURNAL OF APPLIED MATHEMATICS & STATISTICS
  • Page Numbers: pp.40-48
  • Keywords: consumer surplus and producer surplus, interval-valued triangular fuzzy numbers, signed distance defuzzification method, PRINCIPLE

Abstract

In this paper, we fuzzified the quantity of the functions of linear demand and supply by using the interval-valued triangular fuzzy numbers. Then we calculated consumer surplus and producer surplus. We apply the signed distance defuzzification method to get the crisp results.