Multiattribute evaluation of organic and inorganic agricultural food investments using fuzzy TOPSIS

Since people well know the threats of inorganic agriculture to their health, they are more interested in organic agriculture than ever. Organic agriculture is expected to play a major role for a healthy world in the future whereas inorganic agriculture nowadays increases the volume of agricultural p...

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Main Authors: Asli Suder, Cengiz Kahraman
Format: Article
Language:English
Published: Vilnius Gediminas Technical University 2018-05-01
Series:Technological and Economic Development of Economy
Subjects:
Online Access:http://journals.vgtu.lt/index.php/TEDE/article/view/1667
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author Asli Suder
Cengiz Kahraman
author_facet Asli Suder
Cengiz Kahraman
author_sort Asli Suder
collection DOAJ
description Since people well know the threats of inorganic agriculture to their health, they are more interested in organic agriculture than ever. Organic agriculture is expected to play a major role for a healthy world in the future whereas inorganic agriculture nowadays increases the volume of agricultural production and presents lower priced foods but causes health problems. The agricultural investments are generally evaluated by using linguistic terms since most of the evaluation criteria are intangible and inherently require imprecise data to be used. In this paper, we analyze six types of agricultural investment alternatives using eight different criteria based on linguistic data. One of the most-used multi-criteria decision-making methods, TOPSIS is used under fuzziness for the solution of this problem. A sensitivity analysis is also given to examine the robustness of the decision.
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spelling doaj.art-04a2901374ff479393a576ce2b0805a02022-12-21T23:17:52ZengVilnius Gediminas Technical UniversityTechnological and Economic Development of Economy2029-49132029-49212018-05-0124310.3846/20294913.2016.1216905Multiattribute evaluation of organic and inorganic agricultural food investments using fuzzy TOPSISAsli Suder0Cengiz Kahraman1Management Engineering, Istanbul Technical University, 34367 Macka Besiktas, Istanbul, TurkeyIndustrial Engineering Department, Istanbul Technical University, 34367 Macka Besiktas, Istanbul, TurkeySince people well know the threats of inorganic agriculture to their health, they are more interested in organic agriculture than ever. Organic agriculture is expected to play a major role for a healthy world in the future whereas inorganic agriculture nowadays increases the volume of agricultural production and presents lower priced foods but causes health problems. The agricultural investments are generally evaluated by using linguistic terms since most of the evaluation criteria are intangible and inherently require imprecise data to be used. In this paper, we analyze six types of agricultural investment alternatives using eight different criteria based on linguistic data. One of the most-used multi-criteria decision-making methods, TOPSIS is used under fuzziness for the solution of this problem. A sensitivity analysis is also given to examine the robustness of the decision.http://journals.vgtu.lt/index.php/TEDE/article/view/1667multiattributeorganic foodinorganic foodinvestmentfuzzy setTOPSIS
spellingShingle Asli Suder
Cengiz Kahraman
Multiattribute evaluation of organic and inorganic agricultural food investments using fuzzy TOPSIS
Technological and Economic Development of Economy
multiattribute
organic food
inorganic food
investment
fuzzy set
TOPSIS
title Multiattribute evaluation of organic and inorganic agricultural food investments using fuzzy TOPSIS
title_full Multiattribute evaluation of organic and inorganic agricultural food investments using fuzzy TOPSIS
title_fullStr Multiattribute evaluation of organic and inorganic agricultural food investments using fuzzy TOPSIS
title_full_unstemmed Multiattribute evaluation of organic and inorganic agricultural food investments using fuzzy TOPSIS
title_short Multiattribute evaluation of organic and inorganic agricultural food investments using fuzzy TOPSIS
title_sort multiattribute evaluation of organic and inorganic agricultural food investments using fuzzy topsis
topic multiattribute
organic food
inorganic food
investment
fuzzy set
TOPSIS
url http://journals.vgtu.lt/index.php/TEDE/article/view/1667
work_keys_str_mv AT aslisuder multiattributeevaluationoforganicandinorganicagriculturalfoodinvestmentsusingfuzzytopsis
AT cengizkahraman multiattributeevaluationoforganicandinorganicagriculturalfoodinvestmentsusingfuzzytopsis