Game Theory and its Application to Field Crops in Antalya Province

The purpose of this paper is twofold. The first aim is to present briefly game theory and to illustrate the relationship between game theory and linear programming. The other aim is to apply game theory to field crops. The game theory model was used for main field crops, namely wheat, barley, maize, chickpea, sesame, cotton and groundnut, in Antalya province in Turkey. The data included time series of gross product values of the investigated crops for the period 1980-1999. The Wald decision-making criterion was applied to the game theory model to determine the highest income under the worst conditions. The results of the model indicated that groundnut and cotton were the most risky crops for the research area. As groundnut and cotton provide the highest expected income under the worst conditions these crops enter into the optimum plan. Furthermore, these two crops have the highest variation coefficients compared to the other crops. It can be concluded that the game theory model is a good indicator for growers selecting alternative management strategies.

Game Theory and its Application to Field Crops in Antalya Province

The purpose of this paper is twofold. The first aim is to present briefly game theory and to illustrate the relationship between game theory and linear programming. The other aim is to apply game theory to field crops. The game theory model was used for main field crops, namely wheat, barley, maize, chickpea, sesame, cotton and groundnut, in Antalya province in Turkey. The data included time series of gross product values of the investigated crops for the period 1980-1999. The Wald decision-making criterion was applied to the game theory model to determine the highest income under the worst conditions. The results of the model indicated that groundnut and cotton were the most risky crops for the research area. As groundnut and cotton provide the highest expected income under the worst conditions these crops enter into the optimum plan. Furthermore, these two crops have the highest variation coefficients compared to the other crops. It can be concluded that the game theory model is a good indicator for growers selecting alternative management strategies.

Kaynak Göster

Bibtex @ { tbtkagriculture138652, journal = {Turkish Journal of Agriculture and Forestry}, issn = {1300-011X}, eissn = {1303-6173}, address = {}, publisher = {TÜBİTAK}, year = {2002}, volume = {26}, pages = {303 - 309}, doi = {}, title = {Game Theory and its Application to Field Crops in Antalya Province}, key = {cite}, author = {Özkan, Burhan} }
APA Özkan, B . (2002). Game Theory and its Application to Field Crops in Antalya Province . Turkish Journal of Agriculture and Forestry , 26 (5) , 303-309 . Retrieved from https://dergipark.org.tr/tr/pub/tbtkagriculture/issue/11643/138652
MLA Özkan, B . "Game Theory and its Application to Field Crops in Antalya Province" . Turkish Journal of Agriculture and Forestry 26 (2002 ): 303-309 <https://dergipark.org.tr/tr/pub/tbtkagriculture/issue/11643/138652>
Chicago Özkan, B . "Game Theory and its Application to Field Crops in Antalya Province". Turkish Journal of Agriculture and Forestry 26 (2002 ): 303-309
RIS TY - JOUR T1 - Game Theory and its Application to Field Crops in Antalya Province AU - Burhan Özkan Y1 - 2002 PY - 2002 N1 - DO - T2 - Turkish Journal of Agriculture and Forestry JF - Journal JO - JOR SP - 303 EP - 309 VL - 26 IS - 5 SN - 1300-011X-1303-6173 M3 - UR - Y2 - 2021 ER -
EndNote %0 Turkish Journal of Agriculture and Forestry Game Theory and its Application to Field Crops in Antalya Province %A Burhan Özkan %T Game Theory and its Application to Field Crops in Antalya Province %D 2002 %J Turkish Journal of Agriculture and Forestry %P 1300-011X-1303-6173 %V 26 %N 5 %R %U
ISNAD Özkan, Burhan . "Game Theory and its Application to Field Crops in Antalya Province". Turkish Journal of Agriculture and Forestry 26 / 5 (Mayıs 2002): 303-309 .
AMA Özkan B . Game Theory and its Application to Field Crops in Antalya Province. Turkish Journal of Agriculture and Forestry. 2002; 26(5): 303-309.
Vancouver Özkan B . Game Theory and its Application to Field Crops in Antalya Province. Turkish Journal of Agriculture and Forestry. 2002; 26(5): 303-309.
IEEE B. Özkan , "Game Theory and its Application to Field Crops in Antalya Province", Turkish Journal of Agriculture and Forestry, c. 26, sayı. 5, ss. 303-309, May. 2002