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2015 | 25 | 4 | 51-69

Article title

The impact of weights on the quality of agricultural producers' multicriteria decision models

Authors

Content

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Languages of publication

EN

Abstracts

EN
Decisions regarding agricultural production involve multiple goals. A multicriteria approach al-lows decision makers to consider more aspects of the decision scenario, although it also leads to other problems, such as difficulties with the selection of goals or criteria, as well as assigning them appropri-ate weights. It is argued that not only do goals vary depending on the decision-makers’ socioeconomic features, but their relative importance changes as well. A simulation study has been conducted based on the Farm Accountancy Data Network (FADN) database. We use the distance-to-the-negative-solu-tion maximization model. Seven sets of criteria and different sets of weights are considered. The main purpose of the study is to determine the impact of weights on the quality of the model. Quality is as-sessed by comparing the optimal and observed values of the decision variables. The results lead to the conclusion that the differences between the quality of various models are small.

Year

Volume

25

Issue

4

Pages

51-69

Physical description

Contributors

author
  • Institute of Agricultural and Food Economics – National Research Institute, Mathematics Application in Agricultural Economics Department, ul. Świętokrzyska 20, 00-002 Warszawa, Poland

References

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Document Type

Publication order reference

Identifiers

YADDA identifier

bwmeta1.element.desklight-16549adb-d819-4e5c-8410-0a4640ae4b2c
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