Cost-Benefit Analysis and the Theory of Fuzzy Decisions

More about the book

Exploring the nuances of literary criticism and hermeneutics, the book delves into the contemplative intellect's role in evaluating texts. It emphasizes that while criticism seeks to gauge the quality of literature through established rules, hermeneutics focuses on interpreting specific texts using logical frameworks. The authors argue against the notion of absolute truth, presenting it as a subjective criterion shaped by personal valuation. Additionally, it discusses the evolution of cost-benefit analysis and fuzzy decision theory, highlighting their interconnected structures and sub-theories.