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Web Delivery of a Monte Carlo Simulation Model: The Base and Yield Analyzer Experience

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  • Richardson, James W.
  • Outlaw, Joe L.

Abstract

The provision for producers to update base acres and payment yields in the 2002 farm bill afforded an opportunity to test whether it was feasible to deliver a complex simulation model directly to producers. A Monte Carlo simulation model for assessing the economic impacts of the alternative base and yield options on individual farms was developed and made available to producers via the World Wide Web. The experiences and challenges from this collaborative extension and research effort are described, as well as the issues educators might consider before delivering complex software to a national audience via the Web.

Suggested Citation

  • Richardson, James W. & Outlaw, Joe L., 2005. "Web Delivery of a Monte Carlo Simulation Model: The Base and Yield Analyzer Experience," Journal of Agricultural and Applied Economics, Cambridge University Press, vol. 37(2), pages 425-431, August.
    • Handle: RePEc:cup:jagaec:v:37:y:2005:i:02:p:425-431_00
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    1. repec:jaa:jagape:v:32:y:2000:i:2:p:299-315 is not listed on IDEAS
    2. repec:ags:joaaec:v:32:y:2000:i:2:p:299-315 is not listed on IDEAS
    3. Richardson, James W. & Klose, Steven L. & Gray, Allan W., 2000. "An Applied Procedure For Estimating And Simulating Multivariate Empirical (Mve) Probability Distributions In Farm-Level Risk Assessment And Policy Analysis," Journal of Agricultural and Applied Economics, Southern Agricultural Economics Association, vol. 32(2), pages 1-17, August.
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    More about this item

    JEL classification:

    • C15 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - Statistical Simulation Methods: General
    • D83 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Search; Learning; Information and Knowledge; Communication; Belief; Unawareness
    • Q12 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Micro Analysis of Farm Firms, Farm Households, and Farm Input Markets
    • Q16 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - R&D; Agricultural Technology; Biofuels; Agricultural Extension Services

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