Large Scale Agriculture Sector Price Endogenous MP Modeling with E,V Risk

Robert M. House

No 279105, 1983 Annual Meeting, July 31-August 3, West Lafayette, Indiana from American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association)

Abstract: A U.S. agriculture sector regional, spatial equilibrium model incorporating E,V risk is presented. It is formulated and solved in direct nonlinear programming fashion. Nonlinear and linear approximation procedures are compared regarding simplicity, flexibility and cost. Example results are presented for risky and riskless simulations of increasing crop export demand.

Keywords: Demand and Price Analysis; Risk and Uncertainty (search for similar items in EconPapers)
Pages: 19
Date: 1983-08
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Persistent link: https://EconPapers.repec.org/RePEc:ags:aaea83:279105

DOI: 10.22004/ag.econ.279105

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