Farm Planning with Resource Uncertainty: A Semi-sequential Approach

Andrew Dorward

European Review of Agricultural Economics, 1994, vol. 21, issue 2, 309-24

Abstract: A formulation is developed to allow the simple adaptation of non-sequential multi-state LP models into a semi-sequential framework describing problems with stochastic resource supplies and input and output coefficients. The method is illustrated by a peasant farm management example and compared with discrete stochastic programming, whose adoption has often been limited by its tendency to impose restrictions on problem formulation. It is suggested that the semi-sequential formulation provides a useful alternative modelling approach where stochastic variation is important but analytical and data collection resources are limited. Copyright 1994 by Oxford University Press.

Date: 1994
References: Add references at CitEc
Citations: View citations in EconPapers (11)

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:oup:erevae:v:21:y:1994:i:2:p:309-24

Ordering information: This journal article can be ordered from
https://academic.oup.com/journals

Access Statistics for this article

European Review of Agricultural Economics is currently edited by Timothy Richards, Salvatore Di Falco, Céline Nauges and Vincenzina Caputo

More articles in European Review of Agricultural Economics from Oxford University Press and the European Agricultural and Applied Economics Publications Foundation Oxford University Press, Great Clarendon Street, Oxford OX2 6DP, UK. Contact information at EDIRC.
Bibliographic data for series maintained by Oxford University Press ().