The Theory of Fuzzy Logic and its Application to Real Estate Valuation

Fuzzy logic is based on the central idea that in fuzzy sets each element in the set can assume a value from 0 to 1, not just 0 or 1, as in classic set theory. Thus, qualitative characteristics and numerically scaled measures can exhibit gradations in the extent to which they belong to the relevant sets for evaluation. This degree of membership of each element is a measure of the element’s "belonging" to the set, and thus of the precision with which it explains the phenomenon being evaluated. Fuzzy sets can be combined to produce meaningful conclusions, and inferences can be made, given a specified fuzzy input function. The article demonstrates the application of fuzzy logic to an income-producing property, with a resulting fuzzy set output.

Induction, complexity, and economic methodology

This paper focuses on induction, because the supposed weaknesses of that process are the main reason for favouring falsificationism, which plays an important part in scientific methodology generally; the paper is part of a wider study of economic methodology. The standard objections to, and paradoxes of, induction are reviewed, and this leads to the conclusion that the supposed ‘problem’ or ‘riddle’ of induction is a false one. It is an artefact of two assumptions: that the classic two-valued logic (CL) is appropriate for the contexts in which induction is relevant; and that it is the touchstone of rational thought. The status accorded to CL is the result of historical and cultural factors. The material we need to reason about falls into four distinct domains; these are explored in turn, while progressively relaxing the restrictions that are essential to the valid application of CL. The restrictions include the requirement for a pre-existing, independently-guaranteed classification, into which we can fit all new cases with certainty; and non-ambiguous relationships between antecedents and consequents. Natural kinds, determined by the existence of complex entities whose characteristics cannot be unbundled and altered in a piecemeal, arbitrary fashion, play an important part in the review; so also does fuzzy logic (FL). These are used to resolve two famous paradoxes about induction (the grue and raven paradoxes); and the case for believing that conventional logic is a subset of fuzzy logic is outlined. The latter disposes of all questions of justifying induction deductively. The concept of problem structure is used as the basis for a structured concept of rationality that is appropriate to all four of the domains mentioned above. The rehabilitation of induction supports an alternative definition of science: that it is the business of developing networks of contrastive, constitutive explanations of reproducible, inter-subjective (‘objective’) data. Social and psychological obstacles ensure the progress of science is slow and convoluted; however, the relativist arguments against such a project are rejected.induction; economics; methodology; complexity

Do UK universities communicate their brands effectively through their websites?

This paper attempts to explore the effectiveness of UK universities’ websites. The area of branding in higher education has received increasing academic investigation, but little work has researched how universities demonstrate their brand promises through their websites. The quest to differentiate through branding can be challenging in the university context, however. It is argued that those institutions that have a strong distinctive image will be in a better position to face a changing future. Employing a multistage methodology, the web pages of twenty UK universities were investigated by using a combination of content and multivariable analysis. Results indicated ‘traditional values’ such as teaching and research were often well communicated in terms of online brand but ‘emotional values’ like social responsibility and the universities’ environments were less consistently communicated, despite their increased topicality. It is therefore suggested that emotional values may offer a basis for possible future online differentiation

Introduction

There has been little overt discussion of the experimental philosophy of logic or mathematics. So it may be tempting to assume that application of the methods of experimental philosophy to these areas is impractical or unavailing. This assumption is undercut by three trends in recent research: a renewed interest in historical antecedents of experimental philosophy in philosophical logic; a “practice turn” in the philosophies of mathematics and logic; and philosophical interest in a substantial body of work in adjacent disciplines, such as the psychology of reasoning and mathematics education. This introduction offers a snapshot of each trend and addresses how they intersect with some of the standard criticisms of experimental philosophy. It also briefly summarizes the specific contribution of the other chapters of this book