Estimation of constrained optimisation models for agricultural supply analysis based on generalised maximum entropy
نویسندگان
چکیده
The paper introduces a general methodological approach for the estimation of constrained optimisation models in agricultural supply analysis. It is based on optimality conditions of the desired programming model and shows a conceptual advantage compared with Positive Mathematical Programming in the context of well-posed estimation problems. Moreover, it closes the empirical and methodological gap between programming models and duality-based models with explicit allocation of fixed factors. Monte Carlo simulations are performed with a maximum entropy estimator to evaluate the functionality of the approach as well as the impact of empirically relevant prior information with small samples.
منابع مشابه
A Methodological Note on the Estimation of Programming Models
The paper introduces a general methodological approach for the estimation of constrained optimisation models in agricultural supply analysis. It is based on optimality conditions of the desired programming model and shows a conceptual advantage compared to Positive Mathematical Programming in the context of well posed estimation problems. Moreover, it closes the empirical and methodological gap...
متن کاملCalibration and Estimation of Programming Models for Agrigultural Supply Analysis
It was the overall objective of this study to close the methodological gap between the specification of explicit constrained optimisation models and dual systems of output supply/input demand equations for representing multi-output, multi-input agricultural supply behaviour. The pursuit of this goal was motivated by the hope to combine the flexibility of programming models in representing techn...
متن کاملEmergency department resource optimisation for improved performance: a review
Emergency departments (EDs) have been becoming increasingly congested due to the combined impacts of growing demand, access block and increased clinical capability of the EDs. This congestion has known to have adverse impacts on the performance of the healthcare services. Attempts to overcome with this challenge have focussed largely on the demand management and the application of system wide p...
متن کاملA Note on the Bivariate Maximum Entropy Modeling
Let X=(X1 ,X2 ) be a continuous random vector. Under the assumption that the marginal distributions of X1 and X2 are given, we develop models for vector X when there is partial information about the dependence structure between X1 and X2. The models which are obtained based on well-known Principle of Maximum Entropy are called the maximum entropy (ME) mo...
متن کاملEstimation for the Type-II Extreme Value Distribution Based on Progressive Type-II Censoring
In this paper, we discuss the statistical inference on the unknown parameters and reliability function of type-II extreme value (EVII) distribution when the observed data are progressively type-II censored. By applying EM algorithm, we obtain maximum likelihood estimates (MLEs). We also suggest approximate maximum likelihood estimators (AMLEs), which have explicit expressions. We provide Bayes ...
متن کامل