Bìznes Inform (Jun 2018)

The Practice of Using Game Models to Analyze the Risks of the Operation Processes of Agricultural Enterprises Based on the Indicators of Components of Effectiveness

  • Burennikova Nataliia V. ,
  • Yarmolenko Viktor О.,
  • Yurchenko Oleksandr M.

Journal volume & issue
Vol. 6, no. 485
pp. 153 – 159

Abstract

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The article proposes the methodology of practical use of game theory for analyzing of risks of subprocessions of operational processes of agricultural enterprises on the basis of models of components of effectiveness by Burennikova (Polishchuk) – Yarmolenko and relevant indicators. The methodology is considered on the example of processes of formation of gross incomes at five agricultural enterprises of grain products subcomplex as subprocesses of operational processes of these enterprises. A certain payment matrix for the case of non-strategic game (playing with nature) was built. A gains matrix would generate a risk matrix. Two risk matrices are obtained, depending on the two formulas according to which the elements of these matrices are calculated. According to the data of these two risk matrices, the maximum risk values are found in each row, and two corresponding column matrices are drawn from these values. On the basis of the mentioned column matrices, a ranking of risks of functioning of the considered enterprises is carried out. The article researches the risks of functioning of enterprises in terms of effectiveness. Similarly, one can research the mentioned risks from the standpoint of efficiency.

Keywords