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Issues In Farm Level Modeling

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  • Barry, Peter J.

Abstract

This paper identifies major issues in the development of firm level models for use by multiple participants in a regional research project. Included among the issues are the choice of equilibrium analysis framework, measures of risk, modeling scope, optimization versus nonoptimization; status versus dynamics, risk attitudes, farm structure specifications, economic scenarios, and performance measures.

Suggested Citation

  • Barry, Peter J., 1990. "Issues In Farm Level Modeling," 1990 Quantifying Long Run Agricultural Risks and Evaluating Farmer Responses to Risk Meeting, January 28-31, 1990, Sanibel Island, Florida 271537, Regional Research Projects > S-232: Quantifying Long Run Agricultural Risks and Evaluating Farmer Responses to Risk.
    • Handle: RePEc:ags:rrsr90:271537
    DOI: 10.22004/ag.econ.271537
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    References listed on IDEAS

    as
    1. Lindon J. Robison & Peter J. Barry, 1977. "Portfolio Adjustments: An Application to Rural Banking," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 59(2), pages 311-320.
    2. Allen M. Featherstone & Charles B. Moss & Timothy G. Baker & Paul V. Preckel, 1988. "The Theoretical Effects of Farm Policies on Optimal Leverage and the Probability of Equity Losses," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 70(3), pages 572-579.
    3. Robison, Lindon J. & Barry, Peter J. & Burghardt, William G., 1987. "Borrowing Behavior Under Financial Stress By The Proprietary Firm: A Theoretical Analysis," Western Journal of Agricultural Economics, Western Agricultural Economics Association, vol. 12(2), pages 1-8, December.
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