A Pedagogic Review of the Efficient Set Mathematics Applied to Farm Operating Risk

Calum Turvey and Timothy Baker ()

No 258630, Department of Agricultural Economics and Business from University of Guelph

Abstract: E􀀆fficient set mathematics is used to derive simple formulas for teaching EV efficient portfolio selection.in agriculture. The formulas allow computation of portfolios along the EV frontier without the use of quadratic programming software. An example illustrating the use of the formulas is provided. Additionally, the separation theorem is discussed and illustrated with an example.

Keywords: Farm; Management (search for similar items in EconPapers)
Pages: 27
Date: 1990-07-01
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Persistent link: https://EconPapers.repec.org/RePEc:ags:uguaeb:258630

DOI: 10.22004/ag.econ.258630

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