@article{Torkamani:173931,
      recid = {173931},
      author = {Torkamani, Javad and Hardaker, J. Brian},
      title = {A study of economic efficiency of Iranian farmers in  Ramjerd district: an application of stochastic programming},
      journal = {Agricultural Economics: The Journal of the International  Association of Agricultural Economists},
      address = {1996-07},
      number = {968-2016-75427},
      pages = {12},
      year = {1996},
      abstract = {An extension of utility-efficient programming to the  non-linear discrete stochastic programming method was  developed and used in the
analysis of the economic  efficiency of a sample of farmers in Iran. The results  indicate that it would be feasible to increase  substantially
farmers' total net revenue by increasing  their economic efficiency in terms of technical and  allocative efficiencies. The study further
suggested that  risk aversion plays an important role in farmers'  behaviour. The sample farmers are risk averse and hence are  likely to trade
higher expected profits for lower risk.  Understanding this characteristic is important for  interventions intended to raise farm productivity  and
efficiency.},
      url = {http://ageconsearch.umn.edu/record/173931},
      doi = {https://doi.org/10.22004/ag.econ.173931},
}