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Evaluating Alternative Farming Systems: A Fuzzy Madm Approach

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  • Marks, Leonie A.
  • Dunn, Elizabeth G.
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    Abstract

    This paper develops a decision support method that integrates measures of achievement in the economic, environmental, and social aspects of farming. The decision support method combines multiple attribute decision making (MADM) with fuzzy logic. The fuzzy MADM model fully ranks decision alternatives relative to the preferences of decision makers and overcomes several problems inherent in other MADM approaches. It is concluded that fuzzy MADM can improve decision making on the farm.

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    File URL: http://purl.umn.edu/21642
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    Bibliographic Info

    Paper provided by American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association) in its series 1999 Annual meeting, August 8-11, Nashville, TN with number 21642.

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    Date of creation: 1999
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    Handle: RePEc:ags:aaea99:21642

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    Related research

    Keywords: fuzzy logic; fuzzy sets; multiple attribute decision making; MADM; Institutional and Behavioral Economics; Research Methods/ Statistical Methods;

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    1. Cropper, Maureen L & Oates, Wallace E, 1992. "Environmental Economics: A Survey," Journal of Economic Literature, American Economic Association, vol. 30(2), pages 675-740, June.
    2. Lutz, Ernst & Munasinghe, Mohan, 1994. "Integration of environmental concerns into economic analyses of projects and policies in an operational context," Ecological Economics, Elsevier, vol. 10(1), pages 37-46, May.
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