A Dynamic Adoption Model with Bayesian Learning: Application to the U.S. Soybean Market
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References listed on IDEAS
- Terrance M. Hurley & Paul D. Mitchell & Marlin E. Rice, 2004. "Risk and the Value of Bt Corn," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 86(2), pages 345-358.
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- Li, Haoyang & Ross, Brent R., 2014. "Farmers’ Switchgrass Adoption Decision Under A Single-Procurer Market: An Agent Based Simulation Approach," 2014 Annual Meeting, July 27-29, 2014, Minneapolis, Minnesota 170502, Agricultural and Applied Economics Association.
- Liam Graham, 2011. "Individual rationality, model-consistent expectations and learning," CDMA Working Paper Series 201112, Centre for Dynamic Macroeconomic Analysis.
More about this item
Keywordstechnology adoption; Bayesian learning; structural estimation; Agribusiness; Agricultural and Food Policy; Crop Production/Industries; Industrial Organization; Production Economics; Research and Development/Tech Change/Emerging Technologies; Research Methods/ Statistical Methods; Risk and Uncertainty; Teaching/Communication/Extension/Profession;
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