A MOTAD Approach to Risk Management Strategies for Vegetable Producers in Malaysia
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...
| Main Authors: | , |
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| Format: | Article |
| Language: | English English |
| Published: |
1991
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| Online Access: | http://psasir.upm.edu.my/id/eprint/2829/ http://psasir.upm.edu.my/id/eprint/2829/1/A_Model_for_the_Rice_and_Wheat_Economy_in_Malaysia_An.pdf |
| _version_ | 1848839357180411904 |
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| author | Mohamed, Zainal Abidin Baharumshah, Ahmad Zubaidi |
| author_facet | Mohamed, Zainal Abidin Baharumshah, Ahmad Zubaidi |
| author_sort | Mohamed, Zainal Abidin |
| building | UPM Institutional Repository |
| collection | Online Access |
| description | 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. |
| first_indexed | 2025-11-15T07:10:10Z |
| format | Article |
| id | upm-2829 |
| institution | Universiti Putra Malaysia |
| institution_category | Local University |
| language | English English |
| last_indexed | 2025-11-15T07:10:10Z |
| publishDate | 1991 |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | upm-28292013-05-27T07:03:46Z http://psasir.upm.edu.my/id/eprint/2829/ A MOTAD Approach to Risk Management Strategies for Vegetable Producers in Malaysia Mohamed, Zainal Abidin Baharumshah, Ahmad Zubaidi 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. 1991 Article NonPeerReviewed application/pdf en http://psasir.upm.edu.my/id/eprint/2829/1/A_Model_for_the_Rice_and_Wheat_Economy_in_Malaysia_An.pdf 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. English |
| spellingShingle | Mohamed, Zainal Abidin Baharumshah, Ahmad Zubaidi A MOTAD Approach to Risk Management Strategies for Vegetable Producers in Malaysia |
| title | A MOTAD Approach to Risk Management Strategies
for Vegetable Producers in Malaysia |
| title_full | A MOTAD Approach to Risk Management Strategies
for Vegetable Producers in Malaysia |
| title_fullStr | A MOTAD Approach to Risk Management Strategies
for Vegetable Producers in Malaysia |
| title_full_unstemmed | A MOTAD Approach to Risk Management Strategies
for Vegetable Producers in Malaysia |
| title_short | A MOTAD Approach to Risk Management Strategies
for Vegetable Producers in Malaysia |
| title_sort | motad approach to risk management strategies
for vegetable producers in malaysia |
| url | http://psasir.upm.edu.my/id/eprint/2829/ http://psasir.upm.edu.my/id/eprint/2829/1/A_Model_for_the_Rice_and_Wheat_Economy_in_Malaysia_An.pdf |