This book presents the first algebraic treatment of quasi-truth fuzzy logic and covers the
algebraic foundations of many-valued logic. It offers a comprehensive account of basic
techniques and reports on important results showing the pivotal role played by perfect
many-valued algebras (MV-algebras). It is well known that the first-order predicate Lukasiewicz
logic is not complete with respect to the canonical set of truth values. However it is
complete with respect to all linearly ordered MV -algebras. As there are no simple linearly
ordered MV-algebras in this case infinitesimal elements of an MV-algebra are allowed to be
truth values. The book presents perfect algebras as an interesting subclass of local
MV-algebras and provides readers with the necessary knowledge and tools for formalizing the
fuzzy concept of quasi true and quasi false. All basic concepts are introduced in detail to
promote a better understanding of the more complex ones. It is an advanced and inspiring
reference-guide for graduate students and researchers in the field of non-classical many-valued
logics.