A General Simulation Model for Farm Firms

H.R. Hinman and R.F. Hutton

Journal of Agricultural Economics Research, 1970, vol. 22, issue 3, 9

Abstract: A generally accepted theory of firm behavior is incorporated into an abstract computerized simulation model capable of handling many different environments and organizations. This model provides a means of studying management problems using the simulation approach by providing, in most instances, only data needed to describe the problem situation. For cases in which the situation to he studied is different from the general logic of the model, link points are provided at which the basic logic of the model can be modified.

Keywords: Farm Management; Research and Development/Tech Change/Emerging Technologies; Research Methods/Statistical Methods (search for similar items in EconPapers)
Date: 1970
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Citations: View citations in EconPapers (2)

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Persistent link: https://EconPapers.repec.org/RePEc:ags:uersja:146776

DOI: 10.22004/ag.econ.146776

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