Search results for "positive mathematical programming"

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Modelling agricultural risk in a large scale positive mathematical programming model

2020

International audience; Mathematical programming has been extensively used to account for risk in farmers' decision making. The recent development of the positive mathematical programming (PMP) has renewed the need to incorporate risk in a more robust and flexible way. Most of the existing PMP-risk models have been tested at farm-type level and for a very limited sample of farms. This paper presents and tests a novel methodology for modelling risk at individual farm level in a large scale model, called individual farm model for common agricultural policy analysis (IFM-CAP). Results show a clear trade-off between including and excluding the risk specification. Albeit both alternatives provid…

Mathematical optimizationEconomics and EconometricsScale (ratio)Computer scienceComputationprogrammation mathématique positive020209 energyexpected utilitySample (statistics)highest posterior density02 engineering and technologypolitique agricole communerisk and uncertainty0202 electrical engineering electronic engineering information engineeringEuropean common agricultural policyExpected utility hypothesisagricultureEstimationrisque et incertitude2. Zero hungerbusiness.industry020208 electrical & electronic engineering[SHS.ECO]Humanities and Social Sciences/Economics and Finance16. Peace & justicemodèle de fermePMPComputer Science ApplicationsAgriculturebusinessCommon Agricultural PolicyScale modelpositive mathematical programmingInternational Journal of Computational Economics and Econometrics
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