Although the solution to a linear programming problem is not necessarily unique, the theoretical and practical implications of multiple optima have not been thoroughly discussed by agricultural economists. Recently there have been calls for greater recognition, resolution and exploitation of...

Sufficient conditions for dominance of simply related prospects are developed for newly defined classes of limited-variation-in-risk-parameter utility functions. Necessary and sufficient conditions are given for classes of contant-risk-parameter utility functions. The latter include classes of...

The notion of dominance most familiar to agricultural economists is perhaps the decision theoretic concept entailed in comparing one risky prospect to others. But dominance concepts are also relevant in the linear programming context, for example in identifying redundant constraints. In this...

A plant location model with two major aspects is outlined. First, discrete stochastic programming is used to handle variability in supplies and demands. Second, the cost structure of plants is modelled in more detail and with more realism than is usual. Results from applying the model to the...

The relationship between technical and allocative efficiency is examined by drawing on concepts of activity dominance in linear programming. The conclusion is reached that there is no fundamental distinction between technical and allocative efficiency. Other topics addressed in the paper, all...