Simple Search:

A MOTAD Approach to Risk Management Strategies for Vegetable Producers in Malaysia


Citation

Mohamed, Zainal Abidin and Baharumshah, Ahmad Zubaidi (1991) A MOTAD Approach to Risk Management Strategies for Vegetable Producers in Malaysia. Pertanika, 14 (3). pp. 393-400.

Abstract / Synopsis

Most farm decisions are made under conditions of risk and uncertainty. In the last two decades, researchers in the agricultural economics discipline have increased their research efforts in finding convenient methods of incorporatingrisk directly in farm decision making models. MOTAD (Minimization of Total Absolute Deviation) developed by Hazell is an important result of these efforts and it has become a common method of incorporating risk in farm analysis. In this paper the MOTAD model is discussed and an empirical example is provided to show how the model can be used by managers to improve farm plans.


Download File

[img]
Preview
PDF
A_Model_for_the_Rice_and_Wheat_Economy_in_Malaysia_An.pdf

Download (5MB)

Additional Metadata

Item Type: Article
Divisions: Faculty of Economics and Management
Keywords: MOTAD Approach, risk management strategies, vegetable producers, Malaysia.
Depositing User: Nur Izzati Mohd Zaki
Date Deposited: 18 Nov 2009 12:06
Last Modified: 27 May 2013 15:03
URI: http://psasir.upm.edu.my/id/eprint/2829
Statistic Details: View Download Statistic

Actions (login required)

View Item View Item