The impact of weights on the quality of agricultural producers' multicriteria decision models
Journal Title: Operations Research and Decisions - Year 2015, Vol 25, Issue 4
Abstract
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.
Authors and Affiliations
Agata SIELSKA
Banzhaf value for games analyzing voting with rotation
The voting procedure has been presented with rotation scheme used by the Governing Council of the European Central Bank as it enlarges to accommodate new members of the economic and monetary union. The main game theoreti...
Innovation management in Polish enterprises
The modern enterprise operates in a turbulent, demanding and unstable environment. Technical and technological progress as well as socioeconomic development create new opportunities but, at the same time, they force ente...
An integrated dynamic weighing system based on SCADA
For this reason, there is a lot of research concerned with weighing signal processing, mechanical mattersA prototyped dynamic weighing system has been presented which integrates together three advanced software environme...
Determination of the optimal exchange rate via control of the domestic interest rate in Nigeria
An economic scenario has been considered where the government seeks to achieve a favourable balance-of-payments over a fixed planning horizon through exchange rate policy and control of the domestic interest rate. The dy...
A method of assigning a global preference index
The issue of decision-making has been examined based on the preferences of the entire population, when the preferences of a few subpopulations varying significantly in size are known. The purpose of assigning global pref...