TY - JOUR
T1 - Circular economy adoption barriers
T2 - An extended fuzzy best–worst method using fuzzy DEMATEL and Supermatrix structure
AU - Govindan, Kannan
AU - Nasr, Arash Khalili
AU - Karimi, Farzane
AU - Mina, Hassan
N1 - Publisher Copyright:
© 2022 ERP Environment and John Wiley & Sons Ltd.
PY - 2022/5
Y1 - 2022/5
N2 - In the real world, there are complex decision-making problems in which a variety of intertwined factors and hierarchical structures exist, and it is difficult or impossible to solve these problems using classical methods. The prioritization of circular economy (CE) adoption barriers is one such complex problem that cannot be solved using current classical methods. Hence, in this paper, for the first time, a new method, namely, FBWDS, is developed. FBWDS derives from the combination of fuzzy best–worst method (BWM), fuzzy decision-making trial and evaluation laboratory (DEMATEL), and Supermatrix structure. This proposed method establishes weights of the intertwined factors in hierarchical networks under uncertainty; these weighted factors and their interdependencies are calculated using the fuzzy BWM and fuzzy DEMATEL techniques, respectively. In addition, the Supermatrix structure is applied to integrate the results of these two techniques. The proposed approach efficiency is evaluated in the field of the CE adoption barriers using data from a cable and wire industry in Iran. The results showed that “high setup costs,” “financial limitations,” and “absence of public awareness about CE” rank as the most challenging barriers, and “lack of standards for designing recycled products” and “absence of standard system to evaluate performance” are the least important barriers to CE adoption in the cable and wire industry.
AB - In the real world, there are complex decision-making problems in which a variety of intertwined factors and hierarchical structures exist, and it is difficult or impossible to solve these problems using classical methods. The prioritization of circular economy (CE) adoption barriers is one such complex problem that cannot be solved using current classical methods. Hence, in this paper, for the first time, a new method, namely, FBWDS, is developed. FBWDS derives from the combination of fuzzy best–worst method (BWM), fuzzy decision-making trial and evaluation laboratory (DEMATEL), and Supermatrix structure. This proposed method establishes weights of the intertwined factors in hierarchical networks under uncertainty; these weighted factors and their interdependencies are calculated using the fuzzy BWM and fuzzy DEMATEL techniques, respectively. In addition, the Supermatrix structure is applied to integrate the results of these two techniques. The proposed approach efficiency is evaluated in the field of the CE adoption barriers using data from a cable and wire industry in Iran. The results showed that “high setup costs,” “financial limitations,” and “absence of public awareness about CE” rank as the most challenging barriers, and “lack of standards for designing recycled products” and “absence of standard system to evaluate performance” are the least important barriers to CE adoption in the cable and wire industry.
KW - best–worst method
KW - circular economy adoption barriers
KW - DEMATEL
KW - fuzzy theory
KW - multi-criteria decision-making
U2 - 10.1002/bse.2970
DO - 10.1002/bse.2970
M3 - Journal article
AN - SCOPUS:85125375468
SN - 0964-4733
VL - 31
SP - 1566
EP - 1586
JO - Business Strategy and the Environment
JF - Business Strategy and the Environment
IS - 4
ER -