A model for determining efficient portfolio cropping plans in organic farming
Keywords:
Spain, Farms, Alternative agriculture, Planning, Risk, Profitability, Operations research, Mathematical models
Abstract
This paper proposes a model that helps organic growers choose crops that better adapt to their risk profile and expectations of profit. One of the main advantages of the model is its treatment of uncertainty in this market, in which historical information regarding prices and production is unavailable. The economic approach of this work is inspired in the classic theory of portfolio selection, which assumes that profitabilities follow a beta distribution. Finally, an example of the models use is reported, providing a viability analysis of these cultivation systems from a new point of view.Downloads
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Published
2005-06-01
How to Cite
Trinidad Segovia, J., Cruz Rambaud, S., & García García, C. B. (2005). A model for determining efficient portfolio cropping plans in organic farming. Spanish Journal of Agricultural Research, 3(2), 159-167. https://doi.org/10.5424/sjar/2005032-136
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