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Toward A Framework For Evaluating Agricultural Economics Research

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  • Lindner, Robert K.

Abstract

Agricultural economists need to evaluate their own research priorities. The main difficulty in doing so is to value the types of information generated by economic research. Bayesian decision theory provides a framework for valuing information, and the results of selected studies using this methodology are collated. Most of the other determinants of research priorities can be encapsulated in a target return ratio measure. How such a framework might be used is illustrated by three 'hypotheticals'.

Suggested Citation

  • Lindner, Robert K., 1987. "Toward A Framework For Evaluating Agricultural Economics Research," Australian Journal of Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 31(2), pages 1-17, August.
    • Handle: RePEc:ags:ajaeau:22453
    DOI: 10.22004/ag.econ.22453
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    References listed on IDEAS

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    Cited by:

    1. Kelley, T. G. & Ryan, J. G. & Patel, B. K., 1995. "Applied participatory priority setting in international agricultural research: Making trade-offs transparent and explicit," Agricultural Systems, Elsevier, vol. 49(2), pages 177-216.
    2. Ryan, Jim, 2002. "Assessing the impact of food policy research: rice trade policies in Viet Nam," Food Policy, Elsevier, vol. 27(1), pages 1-29, February.

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