Abstract

Farmers' behaviours modelling under risk : generalised motad application One main limit of linear programming models is that all the parameters (prices, yields, input-output coefficients) are supposed known with certainty. There, this assumption is relaxed to take in account the risk attitude of the farmers. The risk is measured by the mean absolute deviation like in the MOTAD method. MOTAD approximation is generalised to problems where all parameters are stochastic. A new formulation is used to model the behaviour of polycultural farms with reference to milk production in the Forez region.

Full Text
Paper version not known

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.