IMPROVING SHADOW PRICE INFORMATION - OBTAINING RELEVANT SHADOW PRICESFROM PROBLEMS WITH DECOMPOSABLE OBJECTIVES

Authors
MCCARL BA RISTER ME STOKES JR ZIARI H
Citation
Ba. Mccarl et al., IMPROVING SHADOW PRICE INFORMATION - OBTAINING RELEVANT SHADOW PRICESFROM PROBLEMS WITH DECOMPOSABLE OBJECTIVES, American journal of agricultural economics, 78(3), 1996, pp. 699-705
Citations number
14
Categorie Soggetti
Economics,"AgricultureEconomics & Policy
Journal title
American journal of agricultural economics → ACNP
ISSN journal
00029092
Volume
78
Issue
3
Year of publication
1996
Pages
699 - 705
Database
ISI
SICI code
0002-9092(1996)78:3<699:ISPI-O>2.0.ZU;2-T
Abstract
Mathematical programming models can incorporate multiple objectives. S hadow prices in such models reflect a mixture of all of the objectives . A procedure is implemented to develop decomposed shadow prices appli cable to the individual objectives. The procedure is demonstrated in a GAMS implementation for multiple objective and risk-related models.