EVALUATING ALTERNATIVE FARMING SYSTEMS: A FUZZY MADM APPROACH

Leonie A. Marks and Elizabeth G. Dunn

No 21642, 1999 Annual meeting, August 8-11, Nashville, TN from American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association)

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.

Keywords: Institutional and Behavioral Economics; Research Methods/Statistical Methods (search for similar items in EconPapers)
Pages: 16
Date: 1999
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Persistent link: https://EconPapers.repec.org/RePEc:ags:aaea99:21642

DOI: 10.22004/ag.econ.21642

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