An agent-based approach to QUICKly valuing the benefits of agricultural research and extension
Penelope Ainsworth,
Kendon Bell and
Adam Barker
Agricultural Systems, 2024, vol. 216, issue C
Abstract:
The complexity of farming and rural communities poses challenges to research and extension initiatives seeking industry-wide change. The effectiveness of these initiatives depends on factors ranging from individual psychology to the science of effects. Tools like intervention logic models, which visualise the causal chain of an intervention through to its impact, are useful for programme planning but are of limited usefulness for comparing the relative benefits of initiatives. Benefit-cost analysis can quantify relative benefits, but applications often oversimplify the causal chain and leave key impacts unquantified.
Keywords: Extension; Evaluation; Benefit-cost analysis; Agent-based modelling; Choice modelling (search for similar items in EconPapers)
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:eee:agisys:v:216:y:2024:i:c:s0308521x24000374
DOI: 10.1016/j.agsy.2024.103887
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