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Modelling Risk in Linear Programming Using Direct Solution of Linearly Segmented Approximations of the Utility Function

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  • Pannell, David J.

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  • Pannell, David J., 1988. "Modelling Risk in Linear Programming Using Direct Solution of Linearly Segmented Approximations of the Utility Function," Discussion Papers 315423, University of Western Australia, School of Agricultural and Resource Economics.
    • Handle: RePEc:ags:uwapdp:315423
    DOI: 10.22004/ag.econ.315423
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    References listed on IDEAS

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    1. Allan N. Rae, 1971. "An Empirical Application and Evaluation of Discrete Stochastic Programming in Farm Management," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 53(4), pages 625-638.
    2. P. B. R. Hazell, 1971. "A Linear Alternative to Quadratic and Semivariance Programming for Farm Planning under Uncertainty: Reply," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 53(4), pages 664-665.
    3. John H. Duloy & Roger D. Norton, 1975. "Prices and Incomes in Linear Programming Models," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 57(4), pages 591-600.
    4. Bruce A. McCarl & Thomas F. Tice, 1980. "Linearizing Quadratic Programs through Matrix Diagonalization," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 62(3), pages 571-573.
    5. G. Hanoch & H. Levy, 1969. "The Efficiency Analysis of Choices Involving Risk," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 36(3), pages 335-346.
    6. Bruce A. McCarl & Thomas Tice, 1982. "Should Quadratic Programming Problems Be Approximated?," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 64(3), pages 585-589.
    7. Boussard, Jean-Marc, 1971. "A model of the behavior of farmers and its application to agricultural policies," European Economic Review, Elsevier, vol. 11(4), pages 436-461.
    8. Joyce T. Chen & C. B. Baker, 1974. "Marginal Risk Constraint Linear Program for Activity Analysis," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 56(3), pages 622-627.
    9. John A. Wicks & John W.B. Guise, 1978. "An Alternative Solution To Linear Programming Problems With Stochastic Input‐Output Coefficients," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 22(1), pages 22-40, April.
    10. P. B. R. Hazell, 1971. "A Linear Alternative to Quadratic and Semivariance Programming for Farm Planning under Uncertainty," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 53(1), pages 53-62.
    11. Anderson, Jock R. & Dillon, John L. & Hardaker, Brian, 1977. "Agricultural Decision Analysis," Monographs: Applied Economics, AgEcon Search, number 288652, July.
    12. David K. Lambert & Bruce A. McCarl, 1985. "Risk Modeling Using Direct Solution of Nonlinear Approximations of the Utility Function," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 67(4), pages 846-852.
    13. K. D. Cocks, 1968. "Discrete Stochastic Programming," Management Science, INFORMS, vol. 15(1), pages 72-79, September.
    14. Wicks, John A. & Guise, John W.B., 1978. "An Alternative Solution To Linear Programming Problems With Stochastic Input-Output Coefficients," Australian Journal of Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 22(1), pages 1-19, April.
    15. Wayne Thomas & Leroy Blakeslee & LeRoy Rogers & Norman Whittlesey, 1972. "Separable Programming for Considering Risk in Farm Planning," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 54(2), pages 260-266.
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