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Describing and Determining the Complete Set of Target MOTAD Solutions

Francis McCamley and James B. Kliebenstein

No 278966, 1984 Annual Meeting, August 5-8, Ithaca, New York from American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association)

Abstract: Tauer's Target MOTAD model can be used to compute stochastically efficient mixtures of risky alternatives. This paper suggests a way of describing the complete set of Target MOTAD solutions. It also presents an efficient method for determining the set of solutions. Hazell's example is used to illustrate these ideas.

Keywords: Agribusiness; Agricultural Finance (search for similar items in EconPapers)
Pages: 17
Date: 1984-08
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Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:ags:aaea84:278966

DOI: 10.22004/ag.econ.278966

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