Economic Projections Using a Behavioral Model

Richard J. Crom

Journal of Agricultural Economics Research, 1972, vol. 24, issue 01, 7

Abstract: A recently published model of the livestock-meat economy is used to illustrate modifications that permit us to obtain a reasonable and consistent set of projected values to 1980. Ecollomic theory and an understanding of the industry were used to introduce a set of assumptions about institutional change and human behavior. The projected values serve as a basis for comparison with alternative projections resulting from changes made in the model to represent different policies or management decisions.

Keywords: Institutional and Behavioral Economics; Production Economics; Research Methods/Statistical Methods (search for similar items in EconPapers)
Date: 1972
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Persistent link: https://EconPapers.repec.org/RePEc:ags:uersja:147009

DOI: 10.22004/ag.econ.147009

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