Farms and Agricultural Enterprises for Development of Sustainable and Smart Cooperatives: A Multifactor Approach Using Digital Farm Management
The Common Agricultural Policy of the European Union – the present and the future, EU Member States point of view, ed. M. Wigier, A. Kowalski, series "Monographs of Multi-Annual Programme" no 73.1, IAFE-NRI, Warsaw 2018, ISBN: 978-83-7658-743-1
21 Pages Posted: 23 Jul 2018
Date Written: 2018
This paper presents a multi-criteria mathematical model which is capable to facilitate the formation of smart cooperatives and to collect behavioural data about small farmers. The model for smart cooperation is based on Gross Margin calculation and a multifactor approach known as the Analytic Network Process. The ANP, based on the farmer estimations, allows us to determine his behavioural risk for managing the farm. The model can also be useful for banks and insurance companies as they can be interested in estimating the risk for the farmers.
Keywords: smart cooperatives, risk profile, farm management model
JEL Classification: Q12, D24, D81, Q13
Suggested Citation: Suggested Citation