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Author |
Angelova, D. |
Title |
The state-contingent approach to production and choice under uncertainty: usefulness as a basis for economic modeling |
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Conference Article |
Year |
2014 |
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The state-contingent approach developed by Chambers and Quiggin (2000) constitutes an attractive blend of a theory of production analysis under uncertainty and a theory of decision-making under uncertainty. One of the goals of this contribution is to introduce the reader to the approach by outlining its contents while comparing and contrasting it to related theories. With respect to production analysis: an emphasis is made on the ability of the approach to deliver well defined cost functions corresponding to stochastic production technologies. With respect to decision-making under uncertainty: the comparison with other theories consistent with a rational agent emphasizes the production theoretical basis of the state-contingent approach. It is the author’s belief that appropriately categorizing the state-contingent approach serves the primary goal of this work: to explore its usefulness as a basis for economic modeling. Some challenges regarding an empirical implementation are discussed: challenges in estimating the parameters of a state-contingent technology representation in general, as well as challenges arising from the fact that the approach is constructed around the argument pioneered by Leonard J Savage: that probabilities underlying economic decision-making are inherently subjective.(The financial support of ScienceCampus Halle is gratefully acknowledged.) |
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FACCE MACSUR Mid-term Scientific Conference |
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3(S) Sassari, Italy |
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FACCE MACSUR Mid-term Scientific Conference, 2014-04-01 to 2014-04-04, Sassari, Italy |
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MA @ admin @ |
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5134 |
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Author |
Brouwer, F.; Sinabell, F. |
Title |
TradeM planning session of pilot studies |
Type |
Conference Article |
Year |
2014 |
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TradeM will organise a session to plan for the three regional pilot studies. Focus will be on the expected outcomes until early 2015 (e.g. progress in farm modelling, and other scientific advancements – uncertainty, model integration). In addition to the planning of the regional pilot studies for the remaining year in MACSUR, we will also elaborate proposals for the years 2015-2017. Moreover, the session will enable research groups to present and discuss their plans for cross-theme investigations. |
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Abbreviated Series Title |
FACCE MACSUR Mid-term Scientific Conference |
Series Volume |
3(S) Sassari, Italy |
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Edition |
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ISBN |
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FACCE MACSUR Mid-term Scientific Conference, 2014-04-01 to 2014-04-04, Sassari, Italy |
Notes ![sorted by Notes field, descending order (down)](img/sort_desc.gif) |
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MA @ admin @ |
Serial |
5135 |
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Author |
Sinabell, F.; Brouwer, F. |
Title |
TradeM synergies with AGMIP |
Type |
Conference Article |
Year |
2014 |
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The AgMIP network started activities on intercomparison of global economic modelling at a time when MACSUR was not yet established. The achievements made so far are highly relevant for TradeM and several partners (Wageningen University, IIASA, PIK, University Bonn) are in both networks. The MOU between MACSUR and AGMIP established formal links between the two projects and TradeM is activley working on establishing further collaboration. Preparations are underway to bring together researchers of both networks in a joint workshop to be held in Austria, September 2014. The topic will be on issues related to linking local and regional models with global ones. TradeM will actively contribute to the workshop and will host a one-day side-event. |
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Abbreviated Series Title |
FACCE MACSUR Mid-term Scientific Conference |
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3(S) Sassari, Italy |
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Edition |
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Conference |
FACCE MACSUR Mid-term Scientific Conference, 2014-04-01 to 2014-04-04, Sassari, Italy |
Notes ![sorted by Notes field, descending order (down)](img/sort_desc.gif) |
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MA @ admin @ |
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5136 |
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Author |
Sinabel, F.; Brouwer, F. |
Title |
TradeM theme progress overview |
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Conference Article |
Year |
2014 |
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TradeM is one theme of MACSUR and the major focus is on enhancing existing economic models and inspiring researchers to further develop and use models and tools. After establishing an inventory of models at the beginning of the project the next stage was used to prepare for the analysis in regional pilot studies. Case studies for three regions in Europe (North, Centre, South) are used to showcase the state of the art of agricultural modelling of climate change and food security in specific regional contexts and policy environments. In parallel efforts stakeholder participation processes are initiated, learning workshops and capacity building. Moreover, steps are to develop and test new concepts on economics for use in integrated assessment approaches dealing with risk and uncertainty. |
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Abbreviated Series Title |
FACCE MACSUR Mid-term Scientific Conference |
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3(S) Sassari, Italy |
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Conference |
FACCE MACSUR Mid-term Scientific Conference, 2014-04-01 to 2014-04-04, Sassari, Italy |
Notes ![sorted by Notes field, descending order (down)](img/sort_desc.gif) |
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MA @ admin @ |
Serial |
5137 |
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Author |
Schönhart, M. |
Title |
Uncertainty analysis and management in the regional pilot case study ‘Mostviertel region |
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Conference Article |
Year |
2014 |
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An integrated modelling framework (IMF) is developed to analyse impacts of climate andpolicy changes on farm welfare and the environment. The IMF is applied on two contrasting grassland (south) and cropland (north) dominated Austrian landscapes. The IMF combines the crop rotation model CropRota, the bio-physical process model EPIC and the bio-economic farm model FAMOS[space] and applies combined climate change and policy scenarios. Changing policies reduce farm gross margins by -36% and -5% in the two landscapes respectively. Climate change increases gross margins and farms can reach pre-reform levels on average. Climate induced intensification such as removing of landscape elements andincreasing fertilization can be moderated by an agri-environmental program (AEP). However, productivity gains from climate change increase the opportunity costs for AEP participation. |
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Original Title |
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Series Editor |
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Series Title |
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Abbreviated Series Title |
FACCE MACSUR Mid-term Scientific Conference |
Series Volume |
3(S) Sassari, Italy |
Series Issue |
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Edition |
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ISSN |
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ISBN |
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Medium |
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Area |
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Expedition |
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Conference |
FACCE MACSUR Mid-term Scientific Conference, 2014-04-01 to 2014-04-04, Sassari, Italy |
Notes ![sorted by Notes field, descending order (down)](img/sort_desc.gif) |
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Approved |
no |
Call Number |
MA @ admin @ |
Serial |
5138 |
Permanent link to this record |