Fuzzy probability simulation research on the world ship market |
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Authors: | Bin Lin Huimin Chen |
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Institution: |
a Technology Research and Economy Development Institute, Beijing, People's Republic of China |
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Abstract: | In this paper a new method for studying the world ship market is expounded. Economic laws, man-made and subjective factors and philosophy are integrated with fuzzy theory and used to analyse the mechanism of the market. The paper advances fuzzy probability simulation (FPS) theory, and points out that market forecasts (including the price of a new ship) are 'forecasts with controllable results'. In addition, simulation of the market is carried out, based on FPS theory. |
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Keywords: | |
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