IDENTIFYING A CSD EFFICIENT SET OF MIXTURES OF RISKY ALTERNATIVES FOR RISK PREFERRING DECISION MAKERS
Francis McCamley
No 270125, 1987 Annual Meeting, August 2-5, East Lansing, Michigan from American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association)
Abstract:
For risk preferring decision makers, identifying the SDWRF efficient set of mixtures of risky alternatives can be difficult. It appears to be easier to identify the efficient set for a combination of the CSD and SOWRF criteria. A procedure is suggested and illustrated using data from Hazell.
Keywords: Agricultural and Food Policy; Risk and Uncertainty (search for similar items in EconPapers)
Pages: 15
Date: 1987-08-02
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Persistent link: https://EconPapers.repec.org/RePEc:ags:aaea87:270125
DOI: 10.22004/ag.econ.270125
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