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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 | Type | Report | ||
| Year | 2014 | Publication | FACCE MACSUR Reports | Abbreviated Journal  |
FACCE MACSUR Rep. |
| Volume | 3 | Issue | Pages | Sp3-8 | |
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| Abstract | 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.) No Label | ||||
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| Series Editor | Series Title | FACCE MACSUR Reports | Abbreviated Series Title | ||
| Series Volume | 3 | Series Issue | Edition | ||
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| Notes | Approved | no | |||
| Call Number | MA @ admin @ | Serial | 2225 | ||
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| Author | Blanco-Penedo et al. | ||||
| Title | Data driven dairy decision for farmers | Type | Report | ||
| Year | 2016 | Publication | FACCE MACSUR Reports | Abbreviated Journal |
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| Volume | 8 | Issue | Pages | SP8-2 | |
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| Abstract | Conference poster PDF | ||||
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| Notes | Approved | no | |||
| Call Number | MA @ admin @ | Serial | 4855 | ||
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| Author | Deppermann et al. | ||||
| Title | Food and nutrition security in Europe – a quantification of multi-stakeholder scenarios | Type | Report | ||
| Year | 2016 | Publication | FACCE MACSUR Reports | Abbreviated Journal |
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| Volume | 8 | Issue | Pages | SP8-5 | |
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| Abstract | Conference presentation PDF | ||||
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| Area | Expedition | Conference | LiveM2016: International livestock modelling conference – Modelling grassland-livestock systems under climate change | ||
| Notes | Approved | no | |||
| Call Number | MA @ admin @ | Serial | 4850 | ||
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| Author | Eory, V.; Hutchings, N. | ||||
| Title | Farm management and sustainability indicators: What and how to include in farm scale models | Type | Report | ||
| Year | 2016 | Publication | FACCE MACSUR Reports | Abbreviated Journal |
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| Volume | 8 | Issue | Pages | Sp8-7 | |
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| Abstract | Conference presentation PDF | ||||
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| Area | Expedition | Conference | LiveM2016: International livestock modelling conference – Modelling grassland-livestock systems under climate change | ||
| Notes | Approved | no | |||
| Call Number | MA @ admin @ | Serial | 4851 | ||
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| Author | Eory et al. | ||||
| Title | Economic assessment of greenhouse gas mitigation on livestock farms | Type | Report | ||
| Year | 2016 | Publication | FACCE MACSUR Reports | Abbreviated Journal |
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| Volume | 8 | Issue | Pages | SP8-6 | |
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| Abstract | Conference presentation PDF | ||||
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| Area | Expedition | Conference | LiveM2016: International livestock modelling conference – Modelling grassland-livestock systems under climate change | ||
| Notes | Approved | no | |||
| Call Number | MA @ admin @ | Serial | 4854 | ||
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