Method for Diagnostics and Selection of the Type of Market Structure of Commodity Markets Based on Fuzzy Set Theory

Mikayilova R., Alekperov R.

11th International Conference on Theory and Applications Soft Computing, Computing with Words and Perceptions and Artificial Intelligence, ICSCCW 2021, Antalya, Turkey, 23 - 24 August 2021, vol.362 LNNS, pp.732-740 identifier

  • Publication Type: Conference Paper / Full Text
  • Volume: 362 LNNS
  • Doi Number: 10.1007/978-3-030-92127-9_97
  • City: Antalya
  • Country: Turkey
  • Page Numbers: pp.732-740
  • Keywords: Commodity market, Competition, Concentration, Fuzzy logical conclusion, Fuzzy set theory, Structure of the commodity market
  • Azerbaijan State University of Economics (UNEC) Affiliated: Yes

Abstract

This work is devoted to the issues of diagnostics and the choice of the type of market structure of the commodity market in the conditions of a free economy and global systemic changes, as a necessary component of economic growth and transformation of commodity markets. The paper concludes that the main and most difficult stage in diagnosing product markets is the process of selecting index indicators and coefficients for the study of product markets. It is proposed to use a complex of indices and coefficients that allow determining the level of the competitive environment in the commodity markets. The method for determining the type of the market structure of the commodity market based on the analysis of the state of competition is presented. The proposed method is based on the use of fuzzy inference capabilities, which is implemented on the basis of the MATLAB tool environment.