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This paper discusses the use of sub-optimal programming techniques in farm management. The scope for employing such techniques to derive farm plans which more closely conform to farmers' real objectives and preferences is reviewed. A method using conventional linear programming in this way is...
Persistent link: https://www.econbiz.de/10005804037
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The complexity of modelling risk in farming systems is explained and the artistic nature of the task noted. A brief outline is presented of an appropriate conceptual framework, drawing attention to the merits of stochastic efficiency criteria for analysis of systems when risk preferences of...
Persistent link: https://www.econbiz.de/10005327638
Persistent link: https://www.econbiz.de/10005327709