Abstract
Fuzzy logic has gained tremendous popularity in recent years as its applications are found in areas ranging from consumer products to industrial process control and portfolio management. Along with neural networks and genetic algorithms, fuzzy logic constitutes three cornerstones of "soil computing." Unlike the traditional or hard computing, soil computing strives to model the pervasive imprecision of the real world Solutions derived from soft computing are generally more robust, flexible, and economical. In addition, constituent technologies of soil computing are generally complementary rather than competitive. As a result, many hybrid systems have been proposed to integrate these complementary technologies. This study reviews fuzzy logic and neural networks and illustrates how they can he integrated to provide a better solution. In an empirical test, the integrated neural fuzzy system significantly outperformed a traditional statistical model in predicting pension accounting adoption choices.
Original language | American English |
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Journal | Default journal |
State | Published - Jan 1 2000 |
Keywords
- Fuzzy logic, Neural networks, Pension accounting choices
Disciplines
- Business