Risk and Return Analysis of Open-Field Tomato Grown in Turkey: A Monte Carlo Simulation Approach
Kubilay Ucar1, Sait Engindeniz1* and Jozef Palkovic2
1Ege University Faculty of Agriculture Department of Agricultural Economics, 35100 Bornova-Izmir, Turkey; 2Slovak University of Agriculture in Nitra, Faculty of Economics and Management, Department of Statistics and Operation Research, Tr. A., Slovakia.
*Correspondence | Sait Engindeniz, Ege University Faculty of Agriculture Department of Agricultural Economics, 35100 Bornova-Izmir, Turkey; Email:
[email protected]
Figure 1:
Distribution of gross return.
Figure 2:
Distribution of simulated gross return.
Figure 3:
Sensitivity analysis for gross return.
Figure 4:
Distribution of net return.
Figure 5:
Cumulative distribution function of net return.
Figure 6:
Sensitivity analysis of net return.