Dynamic linear optymalization model of farm in West Pomerania province with stochastic parameters Cover Image

Liniowo-dynamiczny model optymalizacyjny gospodarstwa rolnego w województwie zachodniopomorskim ze stochastycznymi parametrami
Dynamic linear optymalization model of farm in West Pomerania province with stochastic parameters

Author(s): Jadwiga Zaród
Subject(s): Economy
Published by: Szkoła Główna Gospodarstwa Wiejskiego w Warszawie
Keywords: dynamic linear model; stochastic parameters of the models; regression equations; farm income

Summary/Abstract: Based on data from CSO and the ARMA constructed a dynamic optimization model of the farm. This model consists of four blocks (one for each year) linked together by means of common conditions, established on the principle of recursive relationships. Technical and economic parameters of the model related to the primary productivity of crops, were replaced by regression equations. To take into account the random nature of the objective function three algorithms were used: maximizing farm income (model E), which minimizes the risk of achieving agricultural income (model V) and minimizes the risk of receiving income from a specific interval (VE).

  • Issue Year: XII/2011
  • Issue No: 2
  • Page Range: 418-427
  • Page Count: 10
  • Language: Polish