Assessment of Sustainable Development

A.M.G. Cornelissen, Jan van den Berg, W.J. Koops and Murray Grossman

ERIM Report Series Research in Management from Erasmus Research Institute of Management (ERIM), ERIM is the joint research institute of the Rotterdam School of Management, Erasmus University and the Erasmus School of Economics (ESE) at Erasmus University Rotterdam

Abstract: The objective of this paper is to introduce fuzzy set theory and develop fuzzy mathematical models to assess sustainable development based on context-dependent economic, ecological, and societal sustainability indicators. Membership functions are at the core of fuzzy models, and define the degree to which indicators contribute to development. Although a decision-making process regarding sustainable development is subjective, fuzzy set theory links human expectations about development, expressed in linguistic propositions, to numerical data, expressed in measurements of sustainability indicators. In the future, practical implementation of such models will be based on elicitation of expert knowledge to construct a membership function. The fuzzy models developed in this paper provide a novel approach to support decisions regarding sustainable development.

Keywords: agriculture; assessment; fuzzy set theory; sustainable development (search for similar items in EconPapers)
JEL-codes: C69 M M11 R4 (search for similar items in EconPapers)
Date: 2000-06-22
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Citations: View citations in EconPapers (2)

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Persistent link: https://EconPapers.repec.org/RePEc:ems:eureri:31

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