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The economic and social development of nations relies on their population having physical access to services and employment opportunities. For the vast majority of the 3.4 billion people living in rural locations, this largely depends on their access to urban centers of different sizes....
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This paper considers supply decisions by firms in a dynamic setting with adjustment costsand compares the behavior of an optimal control model to that of a rule-based system whichrelaxes the assumption that agents are explicit optimizers. In our approach, the economicagent uses believably simple...
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"Since the 1970s, federal policies promoting migration and encouraging agricultural development of large farms, logging, and ranching have led to the deforestation of vast areas of the Amazon rainforest.Though these policies have largely been replaced, deforestation continues. What effects do...
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This paper considers supply decisions by firms in a dynamic setting with adjustment costs and compares the behavior of an optimal control model to that of a rule-based system which relaxes the assumption that agents are explicit optimizers. In our approach, the economic agent uses believably...
Persistent link: https://www.econbiz.de/10005038210
An important issue in WTO trade negotiations is whether further liberalization of trade and agricultural policies may help or hinder food security in WTO member countries, especially the developing countries. The WTO recognizes various classifications of countries: developed, developing, least...
Persistent link: https://www.econbiz.de/10005038214