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Simulation of Soil Water-Crop Yield Systems: The Potential for Economic Analysis*

Published online by Cambridge University Press:  28 April 2015

Harry P. Mapp Jr.  and
Vernon R. Eidman
Harry P. Mapp Jr.
Affiliation:
Oklahoma State University
Vernon R. Eidman
Affiliation:
Oklahoma State University
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Extract

Economists have shown an increasing interest in systems theory and simulation. The recent reviews by Anderson and LaDue and Vincent indicate the literature is repleat with models of business and farm firms developed by researchers from several disciplines. A smaller but no less sophisticated group of models is focused on simulated physical or biological processes. An even smaller segment of the literature deals with economic applications of models which simulate physical and biological phenomena.

Economists have become interested in models simulating physical and biological phenomena because of their experimental value. When a satisfactory approximation of reality can be created within the context of the model, experiments can then be conducted to determine the effects of changes in exogeneous factors on outcomes predicted by the model.

Type
Research Article
Information
Journal of Agricultural and Applied Economics , Volume 7 , Issue 1 , July 1975 , pp. 47 - 53
Copyright
Copyright © Southern Agricultural Economics Association 1975

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Footnotes

*

Oklahoma State Agricultural Experiment Station Journal Article J-2948. Research reported herein was conducted under Grant 14-01-0001-1539 from the Office of Water Resources Research and Oklahoma Station Project No. 1358.

References

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