Calibration of shadow values in constrained optimisation models of agricultural supply

© 2017 Oxford University Press and Foundation for the European Review of Agricultural Economics. This paper proposes a new information-based method to calibrate the shadow values of constraints in Positive Mathematical Programming models of agricultural supply. Shadow values are chosen so as to mini...

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Bibliographic Details
Main Authors: Garnache, C., Mérel, P., Howitt, R., Lee, Juhwan
Format: Journal Article
Published: 2017
Online Access:http://hdl.handle.net/20.500.11937/75589