TATONNEMENT MODELLING: A VARIATION TO LINEAR PROGRAMMING

Burton English, Cameron Short and Earl O. Heady

No 279243, 1981 Annual Meeting, July 26-29, Clemson, South Carolina from American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association)

Abstract: An iterative solution incorporating Demand equations and on national interregional Linear Programming model is explored. Conditions for stability are found and comparison of an iterative solution process and a fixed demand solution is made. The iterative process used in the analysis allows the model to adjust demand levels when the supply curve shifts as a result of increased production costs.

Keywords: Research; Methods/; Statistical; Methods (search for similar items in EconPapers)
Pages: 17
Date: 1981-07
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Persistent link: https://EconPapers.repec.org/RePEc:ags:aaea81:279243

DOI: 10.22004/ag.econ.279243

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