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play a very minor role. The paper also develops a new simulation procedure that not only avoids cross-sectional sampling …
Persistent link: https://ebvufind01.dmz1.zbw.eu/10010908178
factors. The DSSAT crop simulation model is used to predict outcomes from alternative management strategies. Bio …
Persistent link: https://ebvufind01.dmz1.zbw.eu/10005525296
Producer revenue is simultaneously simulated for several hundred county-specific representative farms. The effects of current and alternative commodity programs are analyzed. In particular, two variations of revenue-triggered programs similar to plans proposed by the National Corn Growers...
Persistent link: https://ebvufind01.dmz1.zbw.eu/10005525704
Three marketing strategies (selling a put option, cash sale at harvest, and cash sale in June) are simulated based on historical values and ranked based on certainty equivalents for a representative irrigated and dryland cotton farm Scenario analysis is also used to compare varying yield values.
Persistent link: https://ebvufind01.dmz1.zbw.eu/10005536592
: grid pricing, risk, simulation …
Persistent link: https://ebvufind01.dmz1.zbw.eu/10005477304
farmers increase their utility with CRPs is limited. This paper uses simulation analysis and certainty equivalents to compare …
Persistent link: https://ebvufind01.dmz1.zbw.eu/10005469247
in the form of dependent fuzzy numbers and probability distributions. The procedure of risk estimation combines … stochastic simulation with the execution of arithmetic operations on interactive fuzzy numbers. In order to define operations on … between parameters have a significant impact on the ratios characterizing risk. …
Persistent link: https://ebvufind01.dmz1.zbw.eu/10011265360
Abstract: This article surveys optimization of simulated systems. The simulation may be either deterministic or random …. The survey reflects the author’s extensive experience with simulation-optimization through Kriging (or Gaussian process …) metamodels. The analysis of these metamodels may use parametric bootstrapping for deterministic simulation or distribution …
Persistent link: https://ebvufind01.dmz1.zbw.eu/10011091591
Abstract: This chapter first summarizes Response Surface Methodology (RSM), which started with Box and Wilson’s article in 1951 on RSM for real, non-simulated systems. RSM is a stepwise heuristic that uses first-order polynomials to approximate the response surface locally. An estimated...
Persistent link: https://ebvufind01.dmz1.zbw.eu/10011092681
would also decrease the expected value but not the veflonC8 of exports A Monte Carlo economic simulation model was used to …
Persistent link: https://ebvufind01.dmz1.zbw.eu/10010881919