IMPROVING THE MECHANISM OF USING THE PRICE FACTOR IN THE EFFECTIVE REGULATION OF AGRICULTURAL PRODUCTION ON THE BASIS OF FUZZY LOGIC

  • Rahib Imamguluyev PhD candidate, Odlar Yurdu University, Baku, Azerbaijan https://orcid.org/0000-0002-3998-7901
  • Elvin Balakishiyev PhD candidate, Odlar Yurdu University, Baku, Azerbaijan
  • Nihad Agakishiev PhD candidate, Odlar Yurdu University, Baku, Azerbaijan
Keywords: economy, agriculture, market economy, fuzzy logic, regression analysis, matlab

Abstract

When studying the role of the price mechanism in the sustainable development of the economy, in accordance with the requirements of the modern economic mechanism, first of all, attention should be paid to the issue of state regulation of prices. The attitude to state regulation of prices is ambiguous. Existing control over the implementation of state regulation of the prices of a group of products based on the social protection of the population and the economic interests of the state, and economic legitimacy is sometimes perceived as a violation of economic democracy. However, the analysis of the role of the price factor in economic development proves that this idea has no basis. Thus, it is not possible to make accurate calculations so that the price of the product can change at any time for various reasons. Therefore, it is advisable to approach these calculations on the basis of fuzzy logic.

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Published
2020-12-13
Citations
How to Cite
Imamguluyev, R., Elvin Balakishiyev, & Nihad Agakishiev. (2020). IMPROVING THE MECHANISM OF USING THE PRICE FACTOR IN THE EFFECTIVE REGULATION OF AGRICULTURAL PRODUCTION ON THE BASIS OF FUZZY LOGIC . International Journal of Innovative Technologies in Economy, (5(32). https://doi.org/10.31435/rsglobal_ijite/30122020/7325
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