Neural Networks and Rules-based Systems used to Find Rational and Scientific Correlations between being Here and Now with Afterlife Conditions
Neural Networks and Rules-based Systems used to Find Rational and
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Cocoa production is susceptible to a number of risks such as unavailability of enough land, unavailability of agro-chemicals, variation in product prices and a host of others. This study utilized game theory to determine the cocoa production management system which maximizes the income of farmers under risks. Data on cocoa production were collected from a random sample of 200 farmers practicing the three cocoa production management systems viz: Owner management system, Lease management system as well as Sharecropped management system. The games were constructed based on the income per hectare obtained from each of the three management systems. Maximax and Maximin criteria of game theory were used in the analysis. The Maximax criterion showed that the best management system to practice by cocoa farmers was Sharecropped management system (Income per hectare of N214,847) while the result of the Maximin showed that the best management system was Owner management system (Income per hectare of N92,463). The study therefore recommended for optimistic farmers to practice Sharecropped management system while Owner management system is recommended for pessimistic farmers.
Dr. OLUYOLE, K.A.. 2013. \u201cApplication of Game Theory to Cocoa Production Management Systems in Ondo State, Nigeria\u201d. Global Journal of Science Frontier Research - D: Agriculture & Veterinary GJSFR-D Volume 13 (GJSFR Volume 13 Issue D12): .
Crossref Journal DOI 10.17406/GJSFR
Print ISSN 0975-5896
e-ISSN 2249-4626
The methods for personal identification and authentication are no exception.
The methods for personal identification and authentication are no exception.
Total Score: 106
Country: Nigeria
Subject: Global Journal of Science Frontier Research - D: Agriculture & Veterinary
Authors: Oluyole, K.A., Yusuf, S.A., Alao, T.K. (PhD/Dr. count: 0)
View Count (all-time): 123
Total Views (Real + Logic): 4841
Total Downloads (simulated): 2447
Publish Date: 2013 11, Fri
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Cocoa production is susceptible to a number of risks such as unavailability of enough land, unavailability of agro-chemicals, variation in product prices and a host of others. This study utilized game theory to determine the cocoa production management system which maximizes the income of farmers under risks. Data on cocoa production were collected from a random sample of 200 farmers practicing the three cocoa production management systems viz: Owner management system, Lease management system as well as Sharecropped management system. The games were constructed based on the income per hectare obtained from each of the three management systems. Maximax and Maximin criteria of game theory were used in the analysis. The Maximax criterion showed that the best management system to practice by cocoa farmers was Sharecropped management system (Income per hectare of N214,847) while the result of the Maximin showed that the best management system was Owner management system (Income per hectare of N92,463). The study therefore recommended for optimistic farmers to practice Sharecropped management system while Owner management system is recommended for pessimistic farmers.
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