IDEAS home Printed from https://ideas.repec.org/a/ids/ijires/v5y2018i2p99-111.html
   My bibliography  Save this article

Research on optimal production decision for 'company + farmer' based on farmland leasing model

Author

Listed:
  • Jianjun Yu
  • Xiaoyong Huang
  • Kunye Lyu

Abstract

To study the problem of the optimal production decision of risk-neutral company and risk-averse farmer under the 'company + farmer' rental model, this paper is based on the traditional newsboy model from the perspective of supply chain coordination. By introducing a leasing model, the optimal production decision of supply chain is analysed in case of considering expected rents. For the case of considering the expected rent, the risk-averse farmer's production decision-making problem is discussed by introducing conditional value-at-risk (CVaR) and the conclusion is drawn that when facing the lower labour costs of agricultural products, the farmer can effectively avoid risks by using rental model under the 'company + peasant household'.

Suggested Citation

  • Jianjun Yu & Xiaoyong Huang & Kunye Lyu, 2018. "Research on optimal production decision for 'company + farmer' based on farmland leasing model," International Journal of Inventory Research, Inderscience Enterprises Ltd, vol. 5(2), pages 99-111.
    • Handle: RePEc:ids:ijires:v:5:y:2018:i:2:p:99-111
    as

    Download full text from publisher

    File URL: http://www.inderscience.com/link.php?id=93806
    Download Restriction: Access to full text is restricted to subscribers.
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ids:ijires:v:5:y:2018:i:2:p:99-111. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sarah Parker (email available below). General contact details of provider: http://www.inderscience.com/browse/index.php?journalID=178 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.