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one income source is risky. I test the theory by measuring the response of Thai rice farmers to conditional volatility in … the international rice price. Households expecting a harvest take on 1 extra activity when the volatility rises by 21 …
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1. Development of Grey System Research -- 2. Basic models in grey systems theory -- 3. Grey systems and uncertainty modelling -- 4. Agent-based modelling in grey economic systems -- 5. Selection of the company’s strategy using Grey Stratified Decisions Model. .
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