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Multiattribute Utility Analysis: The Case of Filipino Rice Policy

Author

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  • Gordon C. Rausser
  • Joseph Yassour

Abstract

Major uncertainties and conflicting objectives often arise in public policy analysis. This paper advances a framework that is appropriate for public policy problems frequently encountered in agriculture and food systems. Among other possible benefits, its principal value is to provide focus on the major conflicts, trade-offs, and subjective perceptions among affected groups. It can be used to isolate major disagreements, needed empirical evidence, appropriate degrees of risk aversion, equity value judgments, and consensus solutions. In an empirical setting, the framework is used to evaluate price policy for rice in the Philippines.

Suggested Citation

  • Gordon C. Rausser & Joseph Yassour, 1981. "Multiattribute Utility Analysis: The Case of Filipino Rice Policy," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 63(3), pages 484-494.
    • Handle: RePEc:oup:ajagec:v:63:y:1981:i:3:p:484-494.
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    File URL: http://hdl.handle.net/10.2307/1240539
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    Cited by:

    1. Sapino, Francesco & Pérez-Blanco, C. Dionisio & Gutiérrez-Martín, Carlos & García-Prats, Alberto & Pulido-Velazquez, Manuel, 2022. "Influence of crop-water production functions on the expected performance of water pricing policies in irrigated agriculture," Agricultural Water Management, Elsevier, vol. 259(C).
    2. Roseta-Palma, Catarina & Saglam, Yigit, 2019. "Downside risk in reservoir management," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 63(2), April.
    3. Gomez, Carlos Mario & Gutierrez, Carlos, 2011. "Enhancing Irrigation Efficiency but Increasing Water Use: The Jevons' Paradox," 2011 International Congress, August 30-September 2, 2011, Zurich, Switzerland 114622, European Association of Agricultural Economists.
    4. Hayashi, Kiyotada, 2000. "Multicriteria analysis for agricultural resource management: A critical survey and future perspectives," European Journal of Operational Research, Elsevier, vol. 122(2), pages 486-500, April.
    5. C. D. Pérez-Blanco & E. E. Koks & E. Calliari & J. Mysiak, 2018. "Economic Impacts of Irrigation-Constrained Agriculture in the Lower Po Basin," Water Economics and Policy (WEP), World Scientific Publishing Co. Pte. Ltd., vol. 4(01), pages 1-38, January.
    6. Alexander, Robert R. & English, Burton C., 1992. "Modeling Soil Erosion Control Policy: A Multi-Level Dynamic Analysis," 1992 Annual Meeting, August 9-12, Baltimore, Maryland 271375, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    7. Gomez Gomez, Carlos Mario & Gutierrez, Carlos, 2008. "The MODERE Model and The Economic Analysis of Farmers’ Decisions," 107th Seminar, January 30-February 1, 2008, Sevilla, Spain 6492, European Association of Agricultural Economists.
    8. Tavana, Madjid & Di Caprio, Debora, 2016. "Modeling synergies in multi-criteria supplier selection and order allocation: An application to commodity tradingAuthor-Name: Sodenkamp, Mariya A," European Journal of Operational Research, Elsevier, vol. 254(3), pages 859-874.

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