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

See all articles by Adriana Mihnea

Adriana Mihnea

Bucharest University of Economic Studies

Dimitre Nikolov Nikolov

Independent

Krasimir Kostenarov

New Bulgarian University

Date Written: 2018

Abstract

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

Mihnea, Adriana and Nikolov, Dimitre Nikolov and Kostenarov, Krasimir, Farms and Agricultural Enterprises for Development of Sustainable and Smart Cooperatives: A Multifactor Approach Using Digital Farm Management (2018). 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, Available at SSRN: https://ssrn.com/abstract=3202701

Adriana Mihnea (Contact Author)

Bucharest University of Economic Studies ( email )

Tache Ionescu street, no. 11, sector 1
Bucharest
Romania

Dimitre Nikolov Nikolov

Independent ( email )

Krasimir Kostenarov

New Bulgarian University ( email )

21 Montevideo Str.
Sofia, 1618
Bulgaria

Do you have a job opening that you would like to promote on SSRN?

Paper statistics

Downloads
40
Abstract Views
233
PlumX Metrics