Estimating utility functions of Greek dairy sheep farmers: A multicriteria mathematical programming approach

Stelios Rozakis, Alexandra Sintori and Konstantinos Tsiboukas

Agricultural Economics Review, 2012, vol. 13, issue 01, 10

Abstract: Mathematical programming models are commonly used to approach decision making in livestock farms. The majority of these models assume gross margin maximisation as the sole objective of farmers. In this study an alternative multicriteria model is built to test the hypothesis of the multiplicity of the objectives of Greek sheep farmers. A farm typology is constructed to account for diversified farm structures and a non-interactive methodology is used to elicit the utility function of farmers. The results of the analysis indicate that the multicriteria model allows for a better representation of the farms, compared to the gross margin maximisation model.

Keywords: Agricultural and Food Policy; International Development (search for similar items in EconPapers)
Date: 2012
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Citations: View citations in EconPapers (3)

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Persistent link: https://EconPapers.repec.org/RePEc:ags:aergaa:253502

DOI: 10.22004/ag.econ.253502

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