The cybernetic stability of microeconomic variables in the agricultural sector: A case study from the agritourism field

Tomas Macak and Jan Hron
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Jan Hron: Department of Management, Faculty of Economics and Management, Czech University of Life Sciences Prague, Prague, Czech Republic

Agricultural Economics, 2017, vol. 63, issue 12, 531-538

Abstract: Complexity in the management and variability of environmental factors in the agricultural, environmental and food industries has brought about the demand for developing robust methods that allow multiple variables to operate with compound dependencies and are inert to changing situation conditions (e.g. changing the agrarian policy of the state). Therefore, new attempts are being made to cope with these problems (i.e. complexity in control and the instability of initial conditions). There is one solution based on interdisciplinary or transdisciplinary approaches; these methods were chosen for our case study on the agribusiness sector, where we use economic variables in the transformed form. This transformation allowed us to determine the optimal parameter settings (regarding factor instability) and the potential for regulating agribusiness activities using the corporate cybernetic diagrams. Estimations of the position and variability of the input values of the factors were carried out using a random vector. The practical experiment was conducted on the Agro-farm Krasna as a case study, thereby making it easy to repeat the designed procedure.

Keywords: agritourism; cybernetic regulation; economic variables; factorial design; transformation (search for similar items in EconPapers)
Date: 2017
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Persistent link: https://EconPapers.repec.org/RePEc:caa:jnlage:v:63:y:2017:i:12:id:268-2017-agricecon

DOI: 10.17221/268/2017-AGRICECON

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