AGGREGATION IN MATHEMATICAL PROGRAMMING SECTOR MODELS AND MODEL STABILITY

Hayri Onal and Bruce McCarl

No 271241, 1991 Annual Meeting, August 4-7, Manhattan, Kansas from American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association)

Abstract: This paper discusses the accuracy and stability of an aggregation procedure based on extreme point generation. Numerical results obtained from an empirical model show that the aggregation procedure is highly satisfactory in tenns of aggregation errors and the aggregate model is very stable under objective function parameter changes.

Keywords: Agricultural and Food Policy; Research Methods/Statistical Methods (search for similar items in EconPapers)
Pages: 16
Date: 1991-08-05
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Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:ags:aaea91:271241

DOI: 10.22004/ag.econ.271241

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