A review of Multi-Agent Simulation Models in Agriculture

William Kaye-Blake, Frank Y. Li, A. McLeish Martin, Alan McDermott, Hayley Neil and Scott Rains

No 97165, 2009 Conference, August 27-28, 2009, Nelson, New Zealand from New Zealand Agricultural and Resource Economics Society

Abstract: Multi-Agent Simulation (MAS) models are intended to capture emergent properties of complex systems that are not amenable to equilibrium analysis. They are beginning to see some use for analysing agricultural systems. The paper reports on work in progress to create a MAS for specific sectors in New Zealand agriculture. One part of the paper focuses on options for modelling land and other resources such as water, labour and capital in this model, as well as markets for exchanging resources and commodities. A second part considers options for modelling agent heterogeneity, especially risk preferences of farmers, and the impacts on decision-making. The final section outlines the MAS that the authors will be constructing over the next few years and the types of research questions that the model will help investigate.

Keywords: Crop Production/Industries; Environmental Economics and Policy; Farm Management; Land Economics/Use; Livestock Production/Industries (search for similar items in EconPapers)
Pages: 19
Date: 2009-08
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Citations: View citations in EconPapers (6)

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Persistent link: https://EconPapers.repec.org/RePEc:ags:nzar09:97165

DOI: 10.22004/ag.econ.97165

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