A Generalised Concept of Dominance in Linear Programming Models
The notion of dominance most familiar to agricultural economists is perhaps the decision theoretic concept entailed in comparing one risky prospect to others. But dominance concepts are also relevant in the linear programming context, for example in identifying redundant constraints. In this note, the standard concept of dominance in linear programming is generalized by defining dominance with respect to differing levels of information about the programming problem.
Volume (Year): 55 (1987)
Issue (Month): 02 (August)
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- Drynan, Ross G., 1987. "Allocative vs. Technical Efficiency, and Related Matters in Linear Programming," Review of Marketing and Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 55(02), August.
- Hanoch, G & Levy, Haim, 1969. "The Efficiency Analysis of Choices Involving Risk," Review of Economic Studies, Wiley Blackwell, vol. 36(107), pages 335-46, July.
- Kmietowicz, Z. W. & Pearman, A. D., 1982. "Decision theory and strict ranking of probabilities," European Journal of Operational Research, Elsevier, vol. 9(4), pages 397-404, April.
- Fishburn, Peter C., 1974. "Convex stochastic dominance with continuous distribution functions," Journal of Economic Theory, Elsevier, vol. 7(2), pages 143-158, February.
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