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Specification of Environmental Emission Trading Options in a Spatial Multi-Agent Simulation Model of Pastoral Farming AgEcon
Dake, Chris K.G.; Manderson, Andrew K.; MacKay, Alec D..
A risk efficient frontier for a pastoral farm indicates the optimal enterprise mix that allows the farmer to generate the highest income for a given level of financial risk. It is calculated by matching the available range of enterprises (sheep, beef cattle, deer, dairy, exotic forest and indigenous forest) to the mix of land classes available on the farm. The quantity of environmental emissions produced from the farm varies with the optimal enterprise mix along the risk efficient frontier, and therefore enables the farmer to assess the financial consequences of moving along the frontier to achieve a desired level of environmental emissions. This study uses databases of land cover, land classes and farm boundaries to develop a method for estimating the...
Tipo: Conference Paper or Presentation Palavras-chave: Whole farm risk modelling; Environmental emissions trading; Multi-agent simulation; Environmental Economics and Policy; Farm Management; Risk and Uncertainty.
Ano: 2006 URL: http://purl.umn.edu/31968
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Food Risk Communication and Consumers' Trust in the Food Supply Chain AgEcon
Hanf, C.-Hennig; Patelli, P.; Saggau, Volker.
Our motivation is lying on the questions "How does a food scare and information of a food scare influence the buying decision of one single agent and the changes in the aggregate demand?" and "How can we evaluate effective risk communication strategies?". Since we investigate a society of consumers which do have their own decision functions, we can observe how new information could influence the behaviour of each consumer and more interesting the aggregate changes in the demand by creating a population of agents. This multi agent simulation can be used to investigate how different information releases and decision functions influence the aggregate demand. The agents get information from the networks in which they are present. Then this information will be...
Tipo: Conference Paper or Presentation Palavras-chave: Multi-agent simulation; Consumer response; Information diffusion; Risk communication; Consumer/Household Economics.
Ano: 2005 URL: http://purl.umn.edu/24502
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