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Aggregation of heterogeneous firms in mathematical programming models

European Review of Agricultural Economics 16(4): 499-513
Aggregation of heterogeneous firms in mathematical programming models
Serious aggregation errors may arise in mathematical programming sector models when aggregation is not properly done. Existing aggregation literature mostly focuses on exact aggregation of homogenous groups of firms. However, homogeneity rarely holds in real problem situations. Moreover, theoretical aggregation developments are generally based on the assumption of availability of full information about the firms to be aggregated.

Accession: 001748382

DOI: 10.1093/erae/16.4.499

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