Performance evaluation of agricultural product suppliers considering decision preferences

Abstract Agricultural product suppliers play a crucial role in ensuring the stability of the food supply chain, meeting market demands, promoting agricultural economic development, and safeguarding consumer food safety. Therefore, when evaluating agricultural product suppliers, it is necessary to consider both their economic and sustainability aspects. This paper proposes a new performance assessment method that ensures distinguishable evaluation results even when the evaluation indicators for agricultural product suppliers include undesirable outputs and fuzzy numbers, and that the evaluation weights are reasonable. The assessment process takes into account the preferences and optimism levels of both decision-makers and the suppliers being evaluated, reducing decision-making risks and making the results more acceptable to participants. The introduction of prospect theory ensures more realistic evaluation outcomes. Through a case analysis of 11 corn suppliers, the superiority and effectiveness of this method are verified. The results show that the decision-makers’ reference point preferences, levels of optimism, and degrees of rationality significantly affect the performance evaluation results of agricultural product suppliers.

Authors

Institutions

Publication Details

Journal
The International Food and Agribusiness Management Review
Published
2024-08-12
DOI
https://doi.org/10.22434/ifamr.1154
Primary Topic
Multi-Criteria Decision Making
Type
article
Field-Weighted Citation Impact
0.00
Controls
|||
ALL TIME
JAN
FEB
MAR
APR
MAY
JUN
JUL
AUG
SEP
OCT
article

Performance evaluation of agricultural product suppliers considering decision preferences

Ying Xu, Chao Yin
The International Food and Agribusiness Management Review
Multi-Criteria Decision Making
article

Performance evaluation of agricultural product suppliers considering decision preferences

Ying Xu, Chao Yin
article en

Abstract

Abstract Agricultural product suppliers play a crucial role in ensuring the stability of the food supply chain, meeting market demands, promoting agricultural economic development, and safeguarding consumer food safety. Therefore, when evaluating agricultural product suppliers, it is necessary to consider both their economic and sustainability aspects. This paper proposes a new performance assessment method that ensures distinguishable evaluation results even when the evaluation indicators for agricultural product suppliers include undesirable outputs and fuzzy numbers, and that the evaluation weights are reasonable. The assessment process takes into account the preferences and optimism levels of both decision-makers and the suppliers being evaluated, reducing decision-making risks and making the results more acceptable to participants. The introduction of prospect theory ensures more realistic evaluation outcomes. Through a case analysis of 11 corn suppliers, the superiority and effectiveness of this method are verified. The results show that the decision-makers’ reference point preferences, levels of optimism, and degrees of rationality significantly affect the performance evaluation results of agricultural product suppliers.

The International Food and Agribusiness Management ReviewVol. 28(4)
Namseoul University (KR), Guizhou University (CN)
Zero hunger
Openalex Percentile: Top 84%
Multi-Criteria Decision Making
AI Navigator

Ask Laika to Summarize, Analyze, and Connect papers live on the map.

Summarize Papers & Methodologies

Extract key findings, datasets, and comparative methods across publications.

Benchmark Rankings & Visual Analytics

Rank top research institutions, authors, funders, topics, and journals by Field-Weighted Citation Impact (FWCI) and paper volume with instant charts.

Connect Distant Disciplines

Bridge topological clusters on the map to find hidden collaborative intersections.