EVALUATION OF OPTIMUM REGRET DECISIONS IN CROP SELLING

Minimum regret solutions from alternative monthly sales for corn, wheat, and soybeans were determined. The data set involved eleven years of monthly prices for corn and soybeans and twelve years for wheat. The regret, risk (MOTAD), and expected value of the optimum regret solutions were compared to solutions using other optimizing techniques.


Subject(s):
Issue Date:
2001
Publication Type:
Conference Paper/ Presentation
PURL Identifier:
http://purl.umn.edu/20735
Total Pages:
14
Series Statement:
Selected Paper




 Record created 2017-04-01, last modified 2017-04-26

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