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This article proposes a fully integrated and interactive elicitation-optimization procedure for portfolio management. A soft computing approach based on fuzzy logic is developed as an alternative to the traditional mean variance model and compromise programming approach. The models are applied...
Persistent link: https://www.econbiz.de/10009392756
An out-of-sample prediction of Kansas farmers' responses to five surveyed questions involving risk is used to compare ordered multinomial logistic regression models with feedforward backpropagation neural network models. Although the logistic models often predict more accurately than the neural...
Persistent link: https://www.econbiz.de/10009397402
Current crop insurance rating procedures consider only performance for the individual crop in question. Recent farm legislation has given producers considerable planting flexibility and, as a result, many have shifted to new crops. Producers without a production history for the new crop may be...
Persistent link: https://www.econbiz.de/10009401548
The reliability of several statisitcal software packages was examined using the National Institute of Standards and Technology linear and nonlinear least squares datasets and models. Software tested include Excel 2007, GAMS 23.4, GAUSS 9.0, LIMDEP 8.0, Mathematica 7.0, MATLAB 7.5, R 2.10, SAS...
Persistent link: https://www.econbiz.de/10009148262