Optimal allocation of production resources under uncertainty: Application of the muliticriteria approach

Optimal allocation of production resources under uncertainty: Application of the muliticriteria approach

Analysing economic efficiency of farm production always faces a problem of insufficient information. This is particularly true when the analysis is performed on the reference farm where estimates are based on the average aggregated data. The paper illustrates how the combination of different mathema...

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Bibliographic Details
Main Authors: Jaka ZGAJNAR, Stane KAVCIC
Format: Article
Language:English
Published: Czech Academy of Agricultural Sciences 2016-12-01
Series:Agricultural Economics (AGRICECON)
Subjects:
farm-level production planning
goal programming
mathematical programming
risk aversion
risk modelling
Online Access:https://agricecon.agriculturejournals.cz/artkey/age-201612-0005_optimal-allocation-of-production-resources-under-uncertainty-application-of-the-muliticriteria-approach.php

Internet

https://agricecon.agriculturejournals.cz/artkey/age-201612-0005_optimal-allocation-of-production-resources-under-uncertainty-application-of-the-muliticriteria-approach.php

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