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A Comparison of Generating Techniques and Goal Programming for Public Investment, Multiple Objective Decision Making

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  • C. E. Willis
  • R. D. Perlack

Abstract

The move toward public decision making based on multiple objective analysis has occurred largely during the past decade. During this brief interval dozens of techniques have been advanced for this purpose. The class of (generating) techniques which do not require prior articulation of preferences and which provide alternative solutions rather than a single optimum is characterized and compared to goal programming. Goal programming, as generally employed, seeks a single optimum solution given an articulated set of targets and priorities on the relevant objectives. Four criteria were used in this comparison and neither approach was found to be unambiguously superior.

Suggested Citation

  • C. E. Willis & R. D. Perlack, 1980. "A Comparison of Generating Techniques and Goal Programming for Public Investment, Multiple Objective Decision Making," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 62(1), pages 66-74.
    • Handle: RePEc:oup:ajagec:v:62:y:1980:i:1:p:66-74.
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    Cited by:

    1. Connor, Jeff & Smida, Abdelli, 1992. "Efficient Pollution Abatement with Multiple Competing Environmental Objectives and Limited Resources: A Multiple Objecive Programming Application to Surface Irrigated Agriculture," WAEA/ WFEA Conference Archive (1929-1995) 321375, Western Agricultural Economics Association.
    2. Rehman, Tahir & Romero, Carlos, 1987. "Multiobjective and Goal Programming Techniques for Solving Agricultural Planning Problems," 1987 Occasional Paper Series No. 4 197536, International Association of Agricultural Economists.
    3. Patrick, George F. & Blake, Brian F., 1980. "Measurement And Modeling Of Farmers' Goals: An Evaluation And Suggestions," Southern Journal of Agricultural Economics, Southern Agricultural Economics Association, vol. 12(1), pages 1-6, July.
    4. Perlack, Robert D. & Willis, Cleve E., 1980. "Multiple Objective Decision Making: Generating Techniques Or Goal Programming?," Northeastern Journal of Agricultural and Resource Economics, Northeastern Agricultural and Resource Economics Association, vol. 0(Number 1), pages 1-6, April.
    5. Boisvert, Richard N., 1985. "The Role Of Alternative Risk Programming Models In Empirical Research," Regional Research Projects > 1985: S-180 Annual Meeting, March 24-27, 1985, Charleston, South Carolina 271793, Regional Research Projects > S-180: An Economic Analysis of Risk Management Strategies for Agricultural Production Firms.
    6. Perlack, Robert D. & Willis, Cleve E., 1980. "Multiple Objective Decision Making: Generating Techniques Or Goal Programming?," Journal of the Northeastern Agricultural Economics Council, Northeastern Agricultural and Resource Economics Association, vol. 9(1), pages 1-6, April.
    7. Galetto, Alejandro & El-Osta, Hisham & Helmers, Glenn A., 1989. "A Practical Way to Obtain Near-Optimal Solutions (NOS) in Linear Programming," WAEA/ WFEA Conference Archive (1929-1995) 244854, Western Agricultural Economics Association.
    8. Barbati, Maria & Greco, Salvatore & Kadziński, Miłosz & Słowiński, Roman, 2018. "Optimization of multiple satisfaction levels in portfolio decision analysis," Omega, Elsevier, vol. 78(C), pages 192-204.
    9. Skold, Melvin D., 1987. "Agricultural Price Policies, Policy Goals, and Methods of Estimating Costs of Production," 1987 Occasional Paper Series No. 4 197533, International Association of Agricultural Economists.
    10. Zanakis, Stelios H. & Mandakovic, Tomislav & Gupta, Sushil K. & Sahay, Sundeep & Hong, Sungwan, 1995. "A review of program evaluation and fund allocation methods within the service and government sectors," Socio-Economic Planning Sciences, Elsevier, vol. 29(1), pages 59-79, March.
    11. Hayashi, Kiyotada, 2000. "Multicriteria analysis for agricultural resource management: A critical survey and future perspectives," European Journal of Operational Research, Elsevier, vol. 122(2), pages 486-500, April.
    12. Castillo, Carlos & Dresdner, Jorge, 2013. "Effort optimisation in artisanal fisheries with multiple management objectives, collective quotas and heterogeneous fleets," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 57(1), pages 1-19.
    13. Sylvia, Gilbert & Anderson, James, 1991. "A Multi-Level Aquaculture Policy Model: Application to Net-Pen Salmon Farming," WAEA/ WFEA Conference Archive (1929-1995) 321437, Western Agricultural Economics Association.

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