IJFANS International Journal of Food and Nutritional Sciences

ISSN PRINT 2319 1775 Online 2320-7876

A Game-Theoretic Approach To The Study Of Major Crops Cultivated In Assam

Main Article Content

Niharika Kakoty, Abhijit Bora, Mintu Saikia

Abstract

A variety of risks, such as climate circumstances, price changes, and pest and disease infestation, can all have an impact on agricultural productivity of a particular area. This study employs game theory to discover the crops that maximise net profit for farmers under risk based on numerous features of the farmers. Data on crop production and profit were obtained from a random sample of 60 farmers from various areas in the state of Assam. The games were built using the net profit from each harvest. The Maximax, Maximin, Regret, Utility, and Laplace criteria of game theory were used in the analysis.

Article Details