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

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  • Turvey, Calum G.
  • Baker, Timothy G.

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.

Suggested Citation

  • Turvey, Calum G. & Baker, Timothy G., 1990. "A Pedagogic Review of the Efficient Set Mathematics Applied to Farm Operating Risk," Department of Agricultural Economics and Business 258630, University of Guelph.
    • Handle: RePEc:ags:uguaeb:258630
    DOI: 10.22004/ag.econ.258630
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    References listed on IDEAS

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