MATHEMATICAL MODALITIES OF ECONOMIC RISK EXPOSING IN AGRICULTURAL ACTIVITY

• Main Author: Elena NIREAN
• Format: Article
• Language: English
• Published: University of Agronomic Sciences and Veterinary Medicine of Bucharest 2015-10-01
• Series: AgroLife Scientific Journal
• Subjects: agricultural activity; optimal program; production cost; profit; risk coefficient
• Online Access: http://agrolifejournal.usamv.ro/pdf/vol.IV_1/Art17.pdf

Each process, including economic, under certain conditions is conducted objectively. Manager, when it comes to economic processes can intervene to avert the processes, or to modify the conditions of their deployment. Economic processes, left to the discretion of supply and demand, generate a multitude of risks. Risks (economic losses, misses, reduction of profit) in agricultural activities can be generated including due to insufficient implementation of programming methods. Currently, specialists in the application of economic and mathematical methods have developed a variety of methods and algorithms to reduce the risk coefficient in economic activities. A special importance for practitioners have presented mathematical methods accessible to specialists from other fields. Mathematical methods are based on the management of decisions (no the risks) and can contribute significantly to increasing productivity in agriculture and in other branches.