A Pedagogic Review of the Efficient Set Mathematics Applied to Farm Operating Risk
Turvey, Calum G.; Baker, Timothy G.
1990

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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.

Details

Title A Pedagogic Review of the Efficient Set Mathematics Applied to Farm Operating Risk
Keywords
Author(s) Turvey, Calum G.
Baker, Timothy G.
Subject(s)
Issue Date Jul 01 1990
Publication Type Working or Discussion Paper
DOI and Other Identifiers 10.22004/ag.econ.258630
Record Identifier https://ageconsearch.umn.edu/record/258630
Language English
Total Pages 27
Series Statement WP 90/15
Record Appears in University of Guelph > Department of Agricultural Economics and Business

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