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Title:Decision making under conditions of uncertainty in agriculture : a case study of oil crops
Authors:Pažek, Karmen (Author)
Rozman, Črtomir (Author)
Files:.pdf Poljoprivreda_2009_Pazek,_Rozman_Decision_making_under_conditions_of_uncertainty_in_agriculture_a_case_study_of_oil_crops.pdf (174,59 KB)
MD5: 6686ACB6D46455F34BBF3C43670F6468
URL http://poljoprivreda.pfos.hr/en/issues/2009/volume-15-1/decision-making-under-conditions-of-uncertainty-in-agriculture-a-case-study-of-oil-crops-316/
Work type:Scientific work (r2)
Typology:1.02 - Review Article
Organization:FKBV - Faculty of Agriculture and Life Sciences
Abstract:In decision under uncertainty individual decision makers (farmers) have to choose one of a set number of alternatives with complete information about their outcomes but in the absence of any information or data about the probabilities of the various state of nature. This paper examines a decision making under uncertainty in agriculture. The classical approaches of Wald’s, Hurwicz’s, Maximax, Savage’s and Laplace’s are discussed and compared in case study of oil pumpkin production and selling of pumpkin oil. The computational complexity and usefulness of the criterion are further presented. The article is concluded with aggregate the results of all observed criteria and business alternatives in the conditions of uncertainty, where the business alternative 1 is suggested.
Keywords:uncertainty, Wald’s, Hurwicz’s, Maximax, Savage’s and Laplace’s criterion, decision support system, agriculture, oil crops
Year of publishing:2009
Number of pages:str. 45-50
Numbering:št. 1, Letn. 15
ISSN on article:1848-8080
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Record is a part of a journal

Publisher:Poljoprivredni fakultet u Osijeku
COBISS.SI-ID:523602457 New window


License:CC BY-NC 4.0, Creative Commons Attribution-NonCommercial 4.0 International
Description:A creative commons license that bans commercial use, but the users don’t have to license their derivative works on the same terms.
Licensing start date:20.07.2017

Secondary language

Title:Proces odlučivanja u poljoprivredi u riziku i neizvjesnosti : slučaj uljarice
Abstract:Kod odlučivanja u riziku i neizvjesnosti, poljoprivrednik bira između alternativa. Nema informacija o vjerojatnosti pojedinih informacija. U ovom radu predstavljamo primjer odlučivanja u riziku i neizvjesnosti aplikacijom klasičnih metoda, kao što su Waldov, Hurwiczov, Maximax, Savageov i Laplaceov kriterij, na primjeru proizvodnje i prerade uljanih tikva. U radu je predstavljena kompleksnost i korisnost računatih parametara. Rad je zaključen s agregacijom rezultata. Razultati kažu da je najprimjerenija poslovna alternativa 1.
Keywords:negotovost, Waldov, Hurwiczev, Maximax, Savageov in Laplaceov kriterij, sistem za podporo odločanju, kmetijstvo, oljnice


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